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JPB Enterprises closes Licensing Deal on Wireless Networking Technology via yet2.com
Boston MA--yet2.com announced that it closed a technology licensing deal for JPB Enterprises, Inc., a Columbia, Maryland based merchant bank, on a wireless optical network technology. The technology was developed and patented in the late 1990s' and it is in use today. The licensee and the terms of the deal were not disclosed.
Jim Bolduc, VP of JPB Enterprises said, "We are excited to have closed this deal through yet2.com. We have tried for some time to find licensees or partners for this technology on our own--with minimal success. Yet2.com delivered."
Ben duPont, President of yet2.com "We are increasingly working with private equity groups on technology acquisition and divestiture. We were please to work with JPB Enterprises on this deal"
About JPBE
JPB Enterprises,Inc. ("JPBE"), is a premier merchant bank serving the lower middle market in the Mid-Atlantic and Southeastern United States. Founded in 1995 by J.P. Bolduc, the former President and Chief Executive Officer of W. R. Grace & Co., JPBE provides a full range of services to lower middle market companies, including private equity (leveraged buyouts and venture capital), real estate development (residential and commercial) and investment banking advisory services. For more information, visit www.jpbe.com
About yet2.com
Yet2.com provides intellectual property consulting and licensing services to world-class clients around the globe. Yet2.com Inc and its online marketplace were founded in 1999 to promote technology licensing and transfer, with joint investment from Siemens, Bayer, Honeywell, Dupont, Procter & Gamble, Caterpillar, and NTT Leasing. The privately held company has offices in the United States, Europe, and Japan. Its clientele consists of a quarter of the Fortune 500. Yet2.com draws upon its global network of technology leaders in thousands of companies across all industries, to establish productive dialogs quickly.
For more information, visit www.yet2.com
Contact:
yet2.com
Tim Bernstein 1 781-972-0600
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