Salesforce, Intellectual Ventures ink patent deal

“ and patent aggregator Intellectual Ventures inked a new licensing deal on Friday that gives Salesforce access to some 40,000 of IV’s patents.

The deal is the latest by Intellectual Ventures, a Bellevue, Wash.-based company that’s made headlines for accumulating a massive trove of software and design patents, along with other intellectual property.

A major part of IV’s business includes licensing patents out to other companies, which can use them for legal protection, though it’s also made waves for litigating other companies.

Pricing and length of the deal were not disclosed, and a company spokesperson declined to elaborate.”

Full Story here

Subscribe to get the latest news