From ARS Technica First live patent auction
What was on the block? The 68 lots included patents on such diverse technologies as flash memory, methods for using a cell phone for reading barcodes and connecting them to web sites, a fat substitue for use in foods, and a system for shooting 3D video.
Identities of the buyers have not been disclosed, and probably won’t be made public.
Many large companies were present to observe or bid at the auction, among them GE, Dupont, Microsoft, and AT&T.
Look for more of this patent auction activity as we see the New American Business Model
Expect more companies to be added to the physical world connection list when appropriate.
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