© TU BerlinThe Technical University of Berlin and its technology transfer partner ipal announce today the closing of a contract with a global player in the semiconductor industry. The company paid significantly more than one half million Euros for a fundamental patent based on an invention from the Technical University of Berlin. The patent allows a significant increase in the energy conversion efficiency of photonic components. According to German law on employee inventions the inventors receive a part of the revenue generated by the transaction. The patent monetisation company ipal, exclusive partner for technology transfer and patent licensing and sale for Berlin’s universities and technical colleges, acquired and negotiated the deal for the TU Berlin.