Tekcapital partners with Bajainnova to market IP services in Mexico

Tekcapital, a provider of technology and intellectual property services, has signed a strategic alliance agreement with Bajainnova SAPI de CV, a technology transfer company, to market its services in Mexico.

The AIM-listed company said Mexico is a large potential market for its technology transfer services due to the hundreds of universities, research centres and corporations in the country.

Eduardo Valierra, chief executive of Bajainnova, said: "Universities and companies throughout Mexico are focusing on commercialising innovations. We believe there is strong interest in Tekcapital's unique services and we look forward to building a significant long-term partnership with Tekcapital to meet this increasing demand."

Oxford-based Tekcapital helps clients profit from new, university-developed intellectual properties with its proprietary discovery search engine linked to over 4,000 universities in 160 countries.

Shares in Tekcapital were up 0.03% to 37.01p at 1005 GMT.