Yet2.com's tech licenses on the upswing

Yet2.com said today that it completed a record number of technology licensing transactions involving 10 Fortune 500 companies on three continents during the fourth quarter.

Yet2.com is a Needham-based provider of intellectual property scouting and licensing services.

Separate deals included such companies as Bayer, Honeywell, and Kimberly-Clark, Yet2.com said.

Yet2.com president Ben duPont said in a statement, "Our business keeps expanding as more companies spin out underutilized technology or begin scouting for new technologies to improve their existing products and solutions."
(By Chris Reidy, Globe staff)