Intellectual Ventures is engaged in the business of invention. It owns patent portfolios as well as supplies inventions to innovative companies through various licensing and partnering programs.
The company sells and licenses intellectual property in the areas of agriculture, automotive, communications, computer hardware, construction, consumer electronics, e-commerce, energy, financial services, health technologies, information technology, life sciences, material sciences, medical devices, nanotechnology, physical sciences, security, semiconductors, and software.
Intellectual Ventures collaborates with inventors, universities, research institutions, and companies worldwide. It has a strategic partnership with Visualant, Inc.
Intellectual Ventures was founded in 2000 and is based in Bellevue, Washington with satellite offices in Austin, Texas; Bengaluru, India; Beijing, China; Dublin, Ireland; Seoul, South Korea; Silicon Valley, California; Singapore; Sydney, Australia; Tokyo, Japan; and Vancouver, Canada.