NWInnovation: Intellectual Ventures Buys Patent Portfolio
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Started by: zoobabzoobab
Date: 02 Mar 2009 14:30
Number of posts: 1
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Summary:
Bellevue, Washington-based Intellectual Ventures, the patent licensing firm run by former Microsoft CTO Nathan Myhrvold, said Wednesday that it has licensed a range of patents from Telcordia Technologies. Intellectual Ventures said that it has licesed approximately 500 of Telcordia's U.S. patents and corresponding international patents. Financial terms of the deal were not disclosed. The deal will provide Telcordia--the former research and development arm of AT&T's Bell Laboratories--with a new revenue stream
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