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Thursday, September 23, 2010

Israel R&D Goes to China Infinity Group Exports Intellectual Property, Feeding Beijing's High-Tech Hunger

SUZHOU, China—An Israeli private-equity firm is hoping to profit by melding Israel's research-and-development skills with China's manufacturing prowess, playing to China's hunger for foreign technology.
The firm, Infinity Group, buys intellectual property from Israeli high-tech companies, often ones that can't make money from their inventions at home because Israel's market is small and production costs are high. Infinity then sells or licenses the IP rights to a Chinese company in which Infinity invests. The Chinese company develops ways to use the technology, drawing on the nation's manufacturing expertise, creating new products and applications that can feed into China's huge share ...


Read more: http://online.wsj.com/article/SB10001424052748704190704575489503660213146.html?KEYWORDS=PETER+STEIN#ixzz10Mq5KArF
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