VENTURE CAPITAL POST

Apple Inc. refused to join Intellectual Ventures on a patent trolling operations, reported Gigaon.

Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.

Intellectual Ventures has settled a lawsuit it brought against chipmaker Altera Corp, according to court filings in litigation against a group of semiconductor companies filed by the firm, which has purchased billions of dollars worth of patents.

Intellectual Ventures (IV) wanted to collect a combined USD310 million in patent licensing fees from security firms Symantec and Trend Micro.

Multiple sources and data from purchasing contracts indicated that Intellectual Ventures had slowed down in its patent buying to raise USD3 billion in capital.

Kymeta raised US$50 million new financing.

Intellectual Ventures (IV) announced today that its newest spin-out company, Kymeta™, has closed a $12 million funding round.