Acquisition strengthens MIPS’ patent portfolio, expanding access to research and growing capacity for future product development.
MIPS, the world leader in brain protection systems, today announced the acquisition of the brand Fluid Inside and related patent rights. The acquisition builds MIPS’ product offering and safety solutions associated with technology that addresses both linear and rotational motions to improve helmet protection.
Fluid Inside was developed through a collaboration between Oblique Technology L.P. and the University of Ottawa in Canada. Like MIPS, the product has similar roots in academic research and study. The technology has so far been primarily integrated in helmets used in team sports, however, the acquisition also includes a limited number of customer agreements with action sports brands.
”The acquisition is primarily part of our strategic plan to continue to be the world leader in brain protection systems within helmet-based safety. We are very enthusiastic about strengthening our relationship with the University of Ottawa and to further increase our presence within team sports,” says Max Strandwitz, CEO of MIPS.
