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March 19, 2013
09:03 EDTVRNGVringo, VTIP announce partnership
Vringo announced a partnership with Virginia Tech Intellectual Properties, or VTIP, the licensing arm of Virginia Polytechnic Institute and State University, commonly known as Virginia Tech. Through the partnership, VTIP has provided exclusive rights to patented wireless technology that will enable Vringo to conduct related research and development and secure future licensing rights. The technology was funded in part under a grant from the National Science Foundation. The National Science Foundation is an independent federal agency created by Congress to promote the progress of science, advance the national health, prosperity, and welfare, and secure the national defense. Vringo will lead the research and development efforts for the technology.
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