North Ryde. Celebration of agreement

Edward Jung, who made his name at Microsoft Corporation where he was chief architect and advisor to executive staff, visited Macquarie University on a recent visit to Australia to celebrate the new commercialisation agreement between the university and Intellectual Ventures, the company Jung co-founded after leaving Microsoft.

The agreement enables Macquarie to submit inventions within Intellectual Venture's portfolio of interest for evaluation. If the evaluation is positive, Intellectual Ventures will effectively purchase the intellectual property and put its substantial funds under management to commercialise it.