Spin-out firm appoints non-executive chairman

By The Newsroom
Published 26th May 2010, 10:25 BST
Updated 26th May 2010, 10:34 BST
SPIN-OUT firm Seren Photonics, which aims to produce more energy efficient LED lamps, has appointed Dr Godfrey Ainsworth as chairman.

The firm was created by Sheffield-based Fusion IP, which turns university research into business. Fusion owns 48 per cent of the company.

Seren Photonics uses research by Dr Tao Wang from Sheffield University.

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Dr Ainsworth has been chairman of IQE since 1999. He was also the founder and managing partner of Gambit Corporate Finance where he led the acquisition teams which purchased Peters Food Services from Grand Metropolitan and Prestwick Airport from Stagecoach.

Dr Carl Griffiths, managing director of Seren Photonics, said: "We look forward to working closely with Godfrey and bringing Seren Photonics' technology to market."