Tuesday, February 02, 1999

UniversityVentures Acquires Technology

UniversityVentures, Inc. announced they acquired three new content management technologies from the Cornell Research Foundation. Two of the technologies are novel ways of utilizing visual similarity and the third is a unique application for detecting scene breaks in digital video sequences. Craig Zolan, president, said "this acquisition establishes a strong foundation for UVI's patent portfolio, which we will aggressively augment in 1999." The New York-based firm is building proprietary content management and knowledge management tools based on an expanding portfolio of patented technologies from an extensive network of North American universities and research organizations.