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This image depicts a small piggy Bank and some US Americal Dollars beside it. This image is relevant as Kingsoft and Xiaomi establish new IP investment fund by pooling in 35 Million US Dollars. Click on the image for more information

Kingsoft, Xiaomi Establish New IP Investment Fund

Chinese security software developer, Kingsoft, together in the partnership with the mobile phone maker, Xiaomi, Beijing Zhigu Technology Consulting Services (an entity controlled by Xiaomi’s founder Lei Jun) and a few others, has launched a USD 35 Mn fund to support Intellectual Property related investments. Kingsoft announced that the investment vehicle managed by Beijing Zhigu Technology Consulting Services will have a 10-year term, without disclosing other specific details. It is widely speculated that the fund has been formed as an…
February 9, 2015 Intellectual Property, IP Commercialization/Licensing, Patents 0Comment 409Views 0Like
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LSU helps faculty Transfer Innovation into the market

  In January this year, Louisiana State University (LSU), established LSU LIFT (Leveraging Innovation for Technology Transfer) Fund, which offers bi-annual funding to LSU faculty members on a competitive basis, to effectively transfer innovation out of the lab and into the market. The board also agreed to continually support the LSU LIFT Fund by assigning 5% of the university’s future IP licensing income to the new fund.   In Round 1 of funding, the program attracted 47 applications out of which…
January 8, 2015 Intellectual Property 0Comment 372Views 0Like
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