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Microsoft Opens R&D to Small Companies and Entrepreneurs | |
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||
| Time: 14:20 EST/19:20 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner | ||
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At a gathering of venture capitalists today, Microsoft Corp. announced Microsoft Intellectual Property (IP) Ventures, a new program aimed at entrepreneurs and small businesses that will speed the movement of innovative technology into the global market. Microsoft IP Ventures opens up hundreds of internally developed technologies to entrepreneurs and new businesses by licensing and spinning out Microsoft's innovations to facilitate new product and business development. "Our research labs and efforts across the company have created a large portfolio of innovative technologies that extend the reach of personal computing today, with much of it going into Microsoft products," said Rick Rashid, senior vice president of Microsoft Research. "At any given time, there are hundreds of projects under way at Microsoft. IP Ventures provides yet another vehicle for extending this reach and delivering innovations to customers in a variety of areas." | ||
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