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Patent Firm Lays Global Plans. Intellectual Ventures Is Seeking $2 Billion As Strategy Shifts

November 13, 2007 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Intellectual Ventures LLC, a low-profile investment firm run by former Microsoft Corp. executive Nathan Myhrvold, is laying plans to go global: It hopes to raise as much as $1 billion to help develop and patent inventions, many of them from universities in Asia.

By REBECCA BUCKMAN

Full Story: http://online.wsj.com/article/SB119482858758489569.html?mod=djemSB

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