Volvo Technology Transfer and Industrifonden sell Illuminate Labs
Volvo Technology Transfer (VTT) and Industrifonden have sold the portfolio company Illuminate Labs to the US CAD company Autodesk. Illuminate Labs develops advanced lighting and illumination technology for computer games.After the sale, Illuminate Labs will be part of Autodesk Media & Entertainment and continue its operations in Gothenburg. All employees in the company are being offered a new position within Autodesk. “We are proud to have contributed to the development of Illuminate Labs into a world-leading company in its field,” says Ulrika N. Everingham, Investment Director at VTT. “