" Future Investments Hudson Bay recently upped the ante on its investment in patent enforcement by setting up a new company, Network 3Inc. It agreed to pay $5 million, plus stock and a share of future patent infi-ingement awards, to buy a portfolio of patents from Orckit Communications (ORCT), a Tel Avi\1, Israel-based telecommunications equipment maker. Hudson Bay and Iroquois are also working together on another investment vehicle, similar to Network 3, to acquire patent portfolios and bring future infringement cases, a person familiar with their thinking said. "
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