Nico Straub

Siemens Technology Accelerator GmbH (STA) is a wholly-owned subsidiary of Siemens AG (FR: SIE) in Germany. Created in 2001, the firm aims to externally commercialize innovative technologies of Siemens which are not turned into products within Siemens itself, typically through spin-offs, licensing or sales. Based in Munich, the STA offers access to the Siemens network through various links. Because Siemens operates a worldwide infrastructure for the management of patents and trademarks, the STA is able to support new businesses with Intellectual Property issues which may arise. The firm also has an external network comprised of German and international venture capitalists.