Patent goliath Intellectual Ventures looks to raise another $3 billion

Posted by BernardSwiss on Oct 4, 2013 7:34 PM EDT
Ars Technica; By Joe Mullin
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Patent-holding giant Intellectual Ventures (IV) has been making the rounds seeking investors for a new patent-purchasing fund, according to a Reuters report. The company is apparently out of money, having spent the $6 billion it has raised since its inception in 2000. For the time being, it has stopped buying new patents.

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» Read more about: Story Type: Editorial; Groups: Intellectual Property

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