Vringo has signed a deal to partner with Virginia Tech Intellectual Properties, the licensing arm of Virginia Tech, to develop technology based on the latter's innovations. In a press release announcing the move, the company wrote that this technology "could potentially enable first responders to quickly set up a wireless network in areas where telecommunication infrastructure has been destroyed or rendered inoperable."

The technology is derived from development efforts at the university's Wireless@VT research group. It was partially funded from a grant from the government's National Science Foundation.

Vringo has been very active in the patent acquisition sphere of late. Last summer, it purchased more than 500 patents and applications centered on telecoms infrastructure.

The article Vringo Signs Licensing Deal With Virginia Tech Arm originally appeared on Fool.com.

Fool contributor Eric Volkman and The Motley Fool have no position in Vringo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Asset Allocation

Learn the most important step in structuring an investment portfolio.

View Course »

Investing in Real Estate

Learn the basics of investing in real estate.

View Course »

Add a Comment

*0 / 3000 Character Maximum