A Laramie software company, one that sprung from the University of Wyoming's Department of Mechanical Engineering, was recently sold to a San Francisco 3D design firm.
Firehole Composites originated from UW's mechanical engineering program 25 years ago, but now it belongs to Autodesk, Inc. - a 3D design, engineering and entertainment software company.
The multimillion-dollar sale to the Fortune 350 company took place in March and it represents one of the most successful outcomes of an initial technology transfer at UW. But UW officials say it's been a long, hard journey for many along the way.
Firehole Composites CEO Jerad Stack says the sale was well-deserved validation for all involved.
UW Vice President, Bill Gern, said in a media release the hard work of many people at all stages of the company's development from concept to reality was critical to this positive outcome.