That brings the number of companies qualifying for the growth grants to 151.
Board chairwoman Sue Suckling said Sir Peter Maire had brought fresh thinking and commercial perspectives to the Crown entity.
Auckland touchscreen technology company sold to a North American outfit — which then pulled the pin.
The total allocated since October last year is $3.15m.
Publisher also releases more details of the software technology he says over 30 staff have worked on.
The termination of the grant is understood to be a first in Callaghan's history.
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