Google paid $400K in royalties, and donated $3M to Stanford

Source: NYTimes, Jul 2012

Google is another story. Stanford owns patents on technology developed by two graduate students, Larry Page and Sergey Brin. Federal filings for 2011 show the company paid Stanford $400,000 in royalties, and donated $3 million. Stanford’s president, John L. Hennessy, is on the Google board and some 1,300 Stanford graduates work at Google.

 

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