Matthew Schmidt
About Matthew Schmidt
Matthew Schmidt serves as the Director of Business & Technology Development at Fluke Corporation, where he has worked since 2005. He has a strong background in engineering and technology development, having previously held leadership positions at Infrared Solutions, Inc. and Logic Product Development.
Current Role at Fluke Corporation
Matthew Schmidt serves as the Director of Business & Technology Development and is a Fluke Fellow at Fluke Corporation. He has held this position since 2005, contributing to the company's growth and innovation strategies for 19 years in Plymouth, MN. In this role, he is responsible for identifying, evaluating, and developing new technologies and innovations that facilitate growth in new and adjacent markets. Schmidt transitioned from leading Fluke's Thermography engineering team to a broader role that encompasses a wider range of technologies and business areas.
Previous Experience at Infrared Solutions, Inc.
Before joining Fluke Corporation, Matthew Schmidt worked at Infrared Solutions, Inc. as Vice President of Engineering and Chief Technology Officer from 2000 to 2005. During his five years in this role, he was involved in various engineering and technology initiatives that contributed to the company's development in the Greater Minneapolis-St. Paul Area.
Educational Background and Qualifications
Matthew Schmidt holds a Bachelor of Arts degree in Physics, Mathematics, and Computer Science from Gustavus Adolphus College, which he attended from 1980 to 1984. He furthered his education at the University of Minnesota, where he earned both a Master of Science and a Ph.D. in Solid State Physics between 1988 and 1994. Additionally, he completed a MINI MBA in Business Administration and Management at the University of St. Thomas in 1997, focusing on leading and growing small companies.
Expertise in Technology Development and IP Strategy
In his current role, Matthew Schmidt plays a key role in identifying and cultivating partnerships with external technology sources. He leads the intellectual property strategy and execution for select Fluke business units, collaborating with both in-house and external counsel. His expertise also includes serving as a corporate development due diligence team member for technology and intellectual property portfolio assessments on seven mergers and acquisitions projects. Furthermore, he acted as an expert witness in successful intellectual property litigation.
Innovations in Technology Development Processes
Matthew Schmidt architected and implemented a new technology development process at Fluke Corporation, which incorporates distinct technology readiness levels. This process was initially piloted in the Thermography business unit and has since been adapted for company-wide application, enhancing the organization’s approach to technology development and innovation.