Wednesday, February 04, 2009

"Recession IP" - It's All On Sale!

From Yesterday's Chicago Tribune:

As firms streamline operations to save money amid the recession, a growing number are looking to generate cash by selling or licensing their dormant trademarks and patents. That's creating new demand for Chicago-based Ocean Tomo's intellectual property appraisals, auctions and other services.

"In the depressed economy, companies are re-evaluating their intellectual property portfolio," selling patents and trademarks they're not using, said James Malackowski, chief executive of the intellectual property merchant bank. "They're saying, 'If we don't need it, get rid of it.' "
Read "Intellectual Property Sales Grow in Down Market" (link)

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