In 2015 Karnatak Lingayat Education Society acquired B.V Bhoomaraddi to form KLE Technological University.

CTIE works closely with the Centre for Innovation and Product Development (CIPD) as a feeder of commercially feasible technology ideas.

Karnataka Biotechnology & Information Technology Services (KBITS), Indian Electronics & Semiconductors Association (IESA) and KLETU have come together to develop this facility to support entrepreneurs in the emerging sector of VLSI/ ESDM (Very Large Scale Integration/ Electronics System Design and Manufacturing).

IT-BT, Science & Technology and Large & Medium Industries Minister K J George inaugurated the centre on July 17, 2018.

[19][20] Spread over 64 acres (260,000 m2), the campus has buildings with varied architecture, comprising classrooms, laboratories and hostel facilities for boys and girls.