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Intellectual Ventures, the patent holding firm operated by former Microsoft Chief Technology Officer Nathan Myhrvold, has inked a deal with BlueCat Networks of Toronto. As part of the agreement, BlueCat has acquired patents from Intellectual Ventures and become a members of its “IP Defense” program.

“This agreement with IV provides us with the intellectual property strategy and assets to defend our business and compete in the marketplace based on our best-in-class IP Address Management (IPAM) products, pricing and services,” said Michael Hyatt, co-founder and CEO of BlueCat Networks.

BlueCat was recently sued by a competitor, with Hyatt saying the competing firm chose to “use litigation to slow us down rather than keep pace.”

The deal marks the latest customer win for IV, which has also sealed agreements with Micron, RIM, Dashwire and others in recent months. IV boasts a portfolio of more than 35,000 patents.

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