Intellectual Property is a Lucrative Market
December 18, 2008
In a $2.5 million deal this month Foundry, an American networking hardware vendor purchased the patents from Chiaro, a technology company that over the years has raised $225 Million in investment capital.
Despite the ongoing economic turbulence, buying and selling patents can be a very lucrative business. Hi-tech companies are willing to pay large sums of money in order to obtain a patent that could put them ahead of the competition.
The negotiations with Foundry were handled by Gideon Keydar, CEO and Chairman of ActiveLinks. His company has handled several very successful purchases of IP lately.
“There are many ways to put a price tag on intellectual property,” says Keydar. “But eventually the value of IP depends on the buyer. If the patent fits the buying company and helps it to develop a product or to strengthen its position in the market — the company would be willing to pay abundantly.”