Baikal Electronics sells intellectual property for the sum of $5 million

The Russian company developer JOINT-STOCK COMPANY "T-PLATFORMY" who is the co-owner of the producer of processors of Company "Baykal", sells the property and intellectual property at auction in connection with bankruptcy, reports WCCFTech." Transfer intellectual properties will not prevent development "products and ecosystems" "Baikal". It is also noted that transfer of rights to the third-party companies will lead to increase in quantity of products on Baikal processors and to ecosystem expansion", - general director notes Company "Baykal" Andrey Yevdokimov. The estimated sum of sales is estimated at 484 million...