Brown Licenses $50 billion technology

Colleges & Universities Brown University
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<p>Brown University has licensed a portfolio of Internet security technology to a group of entrepreneurs that has established IAM Technology Inc. The technology, developed by Brown Computer Science Professor Roberto Tamassia and associates, provides a rapid way to validate identity on Internet domains. Brown will retain an equity stake in IAM Technology.</p>

<p><a href=“http://www.brown.edu/Administration/News_Bureau/2005-06/05-031.html[/url]”>http://www.brown.edu/Administration/News_Bureau/2005-06/05-031.html&lt;/a&gt;&lt;/p&gt;

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<p>“IAM Technology addresses a $50-billion problem of domain integrity on the Internet, providing validation of user identity that is inexpensive and rapid.”</p>

<p>I love ya dciricle, but I don’t think this means that the technology is $50 billion…</p>

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<p>well, it doesn’t mean (unfortunately) that Brown is going to get $50 billion.</p>

<p>have equity in a $50 billion problem won’t exactly amount to a meager revenue stream either though :)</p>