PROVIDENCE – Foresight Science and Technology Inc. has announced the opening of its first European office.
The technology transfer and commercialization firm is partnering with the Irish firm O2 Environmental to open the new European office through a franchise. Foresight already has one franchisee, VISTA Science and Technology, located in Canada.
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“Franchising works well as it provides marketing and service personnel who know local economic conditions and customs in providing customer services and support,” said Dr. Phyl Speser, CEO of Foresight. “At the same time, each franchisee brings its own set of unique competencies into the fold, making the sum of the parts greater than a simple addition of capabilities.”
O2 Environmental provides consulting in addition to its Technology Assessment Group (TAG), a team of engineers, scientists and investment experts with a focus on environmental technology.
“We are delighted to be partnering with one of the world’s leading technology market, market research, and commercialization firms,” said Paul O’Callaghan, principal, O2 Environmental. “This comes at a time when governments and firms across Europe recognize the need to enhance technology commercialization in order to move our businesses towards more competitive and higher value postures if we are to revitalize our economies.”
Additional information is available at foresightst.com.
