The American company Kemp buys the BUT spin-off, the company Flowmon Networks
The technology company Kemp Technologies has announced the acquisition of the Brno company Flowmon Networks. Researchers from FIT BUT were also involved in the establishment of the university spin-off, which today belongs among the world leaders in the monitoring and analysis of network traffic. The acquisition of Flowmon Networks is the first successful exit of the technological spin-off of BUT.
Flowmon Networks emerged 13 years ago, originally under the name Invea-Tech, around the Liberouter research group of the CESNET association. A number of academic staff and students from FIT BUT and Masaryk University were involved in it. The products of the newly established company emerged from the results of their academic research.
"When academics from both institutions founded the company, both universities acquired an ownership stake in it and, together with the CESNET association, continued to support the development of new technologies. For example, one of the first 100Gb Netflow probes was created," Jan Kořenek, one of the co-founders of the company from FIT BUT, recalls.
Thanks to cooperation with academic entities and the focus of development on new technologies, Flowmon Networks has won a number of awards and today is one of the fastest-growing technology companies in the field of monitoring and analysis of network traffic.
"The connection with the Kemp company is a great opportunity to bring our solutions closer to other customers around the world," Jiří Tobola, CEO of the company, who co-founded Flowmon Network as a FIT student, says. You can read more about the creation of this spin-off in an interview with him from June, information about the acquisition can be found HERE.
The acquisition of Flowmon Networks is proof that it is possible to turn academic research into a very successful company. However, cooperation with the academic sphere does not end there. On the contrary, CESNET and BUT plan to continue cooperating with Flowmon Networks. In addition, the acquisition will give the created technologies better access to foreign markets.