Acreo

Acreo Swedish ICT is a Swedish reseach institute within electronics, optics and communication technologies. Acreo has 145 employees i Kista (HQ), Gothenburg, Norrköping and Hudiksvall.

Acreo is certified according to the quality system ISO 9001:2008 which means that our lab activities comply with the highest standards and yield consistent results.

Creating value through research is our mission and one way of evaluating this is to study the  growth of our spin-off companies. During the 10 year period Acreo has spun off 17 new companies and transferred more than 100 highly competent experts to the industry.

Despite a few turbulent years in the market these companies prosper today; representing new businesses employing more than 500 people and having a turnover of 924 MSEK by 2009. By including other successful projects, providing industry with new technology and new competitive solutions, the resulting turnover sums up to more than 1500 MSEK.

This is a striking measure of our ability to create value based on research. This sum is more than 18 times the total national funding Acreo received last year. Assuming that 40% of the increased turnover is returned to the government in direct and indirect taxes this governmental investment in Acreo R&D has a payoff time of less than two months.