User talk:70.99.233.4

I am a connected contributor, as I work for Xinova, a company mentioned in the entry on Intellectual Ventures. Recently, inaccurate information about Xinova's relationship with Intellectual Ventures was posted. Because I am a COI contributor, and therefore cannot make edits myself, I would like to request the community apply some corrections to the current Intellectual Ventures entry, as detailed below.

The entry currently states that Xinova is the new company name for Intellectual Ventures. This is not accurate. Xinova is the new company name for the Invention Development Fund (IDF)- one of several funds (formerly) managed by Intellectual Ventures. However, Xinova spun out of and independent from Intellectual Ventures in September, 2016. Intellectual Ventures is still very much a going entity and continues to operate under that company name. Public sources to support this description of events (the renaming and spin-off of Xinova) are included below.

The public announcement about the Xinova (the former IDF) spin-out from Intellectual Ventures occurred on September 28, 2016:

http://www.prnewswire.com/news-releases/xinova-launches-to-think-beyond-traditional-rd-and-help-the-worlds-companies-evolve-innovate-and-compete-300335437.html

https://www.bloomberg.com/news/articles/2017-02-08/this-company-rents-brains-to-pepsico-and-others-with-thorny-problemsor

https://www.geekwire.com/2016/intellectual-ventures-idf-network-xinova/or

http://www.seattlebusinessmag.com/xinova

Niikusuke (talk) 21:43, 2 October 2017 (UTC)

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