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Old 10-04-2013, 07:40 PM   #1
LXer
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LXer: Patent goliath Intellectual Ventures looks to raise another $3 billion


Published at LXer:

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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