The University of Washington didn’t have to look far for two tech veterans to lead its TechTransfer unit that licenses its research.
Today the school announced that it hired former RealNetworks associate general counsel and chief privacy officer, Todd Alberstone, as director of IP management.
It also hired Microsot product management director, Ed Cummings, as a licensing officer to work with computer science and engineering researchers.
The IP portfolio managed by UW TechTransfer has more than 2,200 issued or pending patents and last year generated more than $47 million in revenue, the release said. The technology also contributed the creation of 240 companies.
“Their recruitment represents a critical step toward an increasingly translational research culture, and UW’s ability to make a significant contribution to the local economy and job creation, especially at this critical time, through the formation of start-up companies,” Linden Rhoads, vice provost of UW TechTransfer since August, said in the release.