Israel's Infinity establishes IP bank in China
Infinity Group, the Israel-based private equity firm with a special focus on China, announced the formation of an IP (intellectual property) bank in China, to help to develop clients’ IP businesses.
The IP bank will own the rights for the intellectual property for global markets to commercialize entrepreneurs' and other clients' IP and proven technologies in sectors such as medical devices, agriculture, water, clean energy, materials, industrial solutions, imaging, IT and semiconductors. At the moment, many Israeli companies are primary clients of the bank. Infinity did not disclose any further details of the business, but Amir Gal-Or, managing partner at Infinity, said that China has a huge market, and companies around the world are actively seeking new and untapped markets for their strong IP.
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