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Alias Born | 11/15/2007 |
Thursday, January 05, 2017 6:06:37 PM
http://www.ipwatchdog.com/2014/08/01/ge-patents-patents-of-note-medical-inventions-alternative-energy-systems/id=50626/
http://stks.freshpatents.com/General-Electric-Co-nm1.php
If part of this ongoing strategy to provide creative outsource solutions to patent owners capable of generating both predictable and recurring revenues, our Luxemburg subsidiary previously entered into a strategic relationship with a large fund and a Fortune Global 50 company to commercialize and monetize approximately 11,500 patents, all within a particular industry vertical. Today, I'm happy to tell you that Marathon has entered into an agreement with General Electric oil and gas division to pursue the global monetization opportunities with respect to the GE oil and gas patent portfolio.
This transaction brings together extremely high quality patents, intelligent capital and an experienced transactional team. Importantly, because of GE's culture of innovation, the partnership portfolio is expected to see a continual flow of new assets. I believe that this model has the potential to be repeated with other corporate partners that will extend Marathon's portfolio of ever growing assets into other industry sectors.
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