Make us your home page
Instagram

Tampa's UTEK Corp. changes its name to Innovaro

UTEK Corp. changes its name to Innovaro

TAMPA — UTEK Corp., long known for helping corporations commercialize university research, is changing its name to Innovaro today to streamline its brand and freshen its mission.

Chief executive Doug Schaedler said UTEK had become a mix of brands and names after multiple acquisitions. Adopting Innovaro (a name UTEK already owned) "lets us promote a single brand" represented on the Web at innovaro.com.

For example, Schaedler said a large pharmaceutical customer might have dealt with three different UTEK divisions with different names. Now it will deal with one name.

In addition, the UTEK ticker symbol, UTK, goes away and will be replaced by the new Innovaro ticker, INV. The company has 90 employees and a market value of just under $50 million.

Times staff

Tampa's UTEK Corp. changes its name to Innovaro 03/16/10 [Last modified: Tuesday, March 16, 2010 12:01am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Tonight: Hear ideas for remaking downtown Tampa interchange

    Transportation

    TAMPA — New concepts for rebuilding the downtown interchange will be discussed at a Florida Department of Transportation community meeting Monday night.

    The Florida Department of Transportation renamed its controversial Tampa Bay Express plan, also known as TBX. The plan is now known as Tampa Bay Next, or TBN. [Florida Department of Transportation]
  2. Target raising minimum wage to $15 an hour by 2020

    Retail

    NEW YORK — Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020 in a move it says will help it better recruit and retain top-quality staff and provide a better shopping experience for its customers.

    Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020
[File photo by Justin Sullivan/Getty Images]
  3. PolitiFact Florida: How would Florida fare in Graham-Cassidy health care bill?

    National

    Following a sharp rebuke by late-night talk show host Jimmy Kimmel, Sen. Bill Cassidy, R-La., hit the airwaves to defend his bill that would undo much of the Affordable Care Act.

    Sen. Bill Cassidy, R-La.
  4. Whatever happened to the Zika epidemic?

    Health

    Remember Zika?

    The last time Gov. Rick Scott warned Floridians about the potential threat of the mosquito-borne virus was in July, when he urged residents to still be vigilant against bug bites and standing water. At the time, doctors and researchers were bracing for what was supposed to be another active summer …

    Aedes aegypti mosquitoes are responsible for transmitting Zika. Cases of the virus are down dramatically in Florida.
  5. Pinellas licensing board needs cash. Will the county give it any?

    Local Government

    LARGO –– The grand jury that said Pinellas County should not take over the troubled construction licensing board also said the county should bail out the agency before it goes broke in 2018.

    Pinellas County Commission chair Janet Long isn't keen on the idea of the county loaning money to keep the Pinellas County Construction Licensing Board afloat. The county has no say over the independent agency, which could run out of funding in 2018. [SCOTT KEELER   |   Times]