Salesforce.com inks license deal for access to nearly 40,000 patents

Summary:Intellectual Vendors, which invests in and works with investors and technology businesses to drive innovation and invention, owns the rights to a portfolio of nearly 40,000 patents.

Salesforce.com now has access to a huge library of patents thanks to a new deal with Intellectual Ventures.

See also Salesforce Q1 earnings: in line; $893m revenue | Salesforce intros mobile apps for federal, state and local gov't response

Intellectual Ventures, which invests in and works with investors and technology businesses to drive innovation and invention, owns the rights to a portfolio of nearly 40,000 patents.

The most important points to know about these patents is that they cover products, solutions, and ideas from more than 50 technology verticals.

Beyond corporate partners, IV also works closely with government agencies, which are becoming highly sought-after customers as they finally start making the leap from legacy hardware infrastructures to integrating cloud platforms. Salesforce, along with the likes of IBM, Oracle and many more tech behemoths, have been busy pushing out new cloud schemes to attract government agencies.

IBM, for example, recently inked a 10-year agreement to elevate the infrastructure for the U.S. Department of Veterans Affairs.

Under the deal with IV, Salesforce will have the option of accessing Intellectual Ventures intellectual property for Defense program. Thus, it is very possible we'll see more government-minded solutions rolled out by the CRM giant in the near future.

Topics: Legal, Cloud, Enterprise Software, Patents, Salesforce.com

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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