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