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Symmetry Advisors Announces Translational Grant Funding for Calit2

December 08, 2009

Symmetry Advisors announced that Calit2, the California Institute for Telecommunications and Information Technology at the University of California, San Diego, or “UCSD,” has been awarded translational grant funding from a global telecommunications company, for the development of advanced digital audio technologies.

Symmetry originated and developed this opportunity for both parties, under a Capability Based Innovation initiative, Symmetry Advisors officials said.

Riccardo Cannaviello, founder of Symmetry Advisors, said that the Capability Based Innovation is a variant of demand-pull strategy, developed by Symmetry Advisors to identify emerging market opportunities for leading innovators. 

“In 2008, our firm took a decisive step to develop a creative alternative to the conventional, technology-push approach to commercialization,” Cannaviello said. “A year later, our success in raising funds for Calit2 at UCSD validates our position that Capability Based Innovation delivers clearly superior results.”

Symmetry Advisors specializes in creative deal origination and deal development for corporate, institutional, academic, and entrepreneurial clients. The company focuses in technology commercialization, advisory services and merchant banking for proprietary ventures. 

”Symmetry Advisors has put us together with a major industry partner whose R&D needs perfectly match our strengths,” Peter Otto, head of Research & Development in the Sonic Arts program at UCSD's Calit2, said in a statement. “The result is an exciting collaboration with a prestige partner with global reach.”

Calit2 is an academic research institution jointly run by the UCSD and the University of California, Irvine, or “UCI.” Calit2 conducts multi-disciplinary research on the future of telecommunications and information. It is one of four institutes launched in December 2000 through the California Institutes for Science and Innovation initiative, to invent the collaborative research environment for the digital future.

Earlier this year, Calit2 announced that the company would be using HD video conferencing solutions from LifeSize Communications to reduce travel and facilitate more collaboration among the research teams. 

Calit2’s “living laboratories of the future” make it possible to push projects one step beyond academic theory and peer-reviewed publishing to building and testing integrated systems under real world conditions, Calit2 officials said.

Rajani Baburajan is a contributing editor for unified communications. To read more of Rajani's articles, please visit her columnist page.

Edited by Kelly McGuire