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Tuesday, August 09, 2005

Perot Backs $200 Million Bet On Patents by Tomas Kellner

The fund, being set up by the Chicago merchant bank ICMB Ocean Tomo, is called Ocean Tomo Capital Fund, and will be acquiring or securing controlling stakes in patent-rich companies with revenue between $50 million and $1 billion. Areas of interests include semiconductors, biotech, nanotechnology and software.

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