The secretive patent-holding company seems to have extracted a major licensing deal from the TurboTax maker, another sign of Intellectual Ventures' increasing muscle.
June 24, 2009 at 12:00 AM
1 minute read
SAN FRANCISCO — The footsteps of Intellectual Ventures are getting louder in Silicon Valley.
The secretive Bellevue, Wash., “invention capital company” lays claim to about 27,000 patents. And after several years of buying IP and piling up money from investors, it’s starting to make tech companies that it identifies as infringing on its patents pay — in a big way.
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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