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George Mason U licenses cybersecurity technology to Visium Technologies


By Jesse Schwartz
Published: August 1st, 2018

George Mason Research Foundation, Inc., the non-profit licensing arm of George Mason University, signed a patent license agreement with Visium Technologies Inc. for technology with broad applications in cybersecurity.

Though specific details of the suite of eight patents were not included in a Visium statement, the company said the technology addresses a wide range of cybersecurity needs including comprehensive network risk assessment, vulnerability assessment, threat detection, and intelligence correlation. According to Visium, it will enable its customers to control costs, better utilize capital assets, prevent unplanned downtime and control maintenance costs, while improving operational efficiencies across the enterprise. 

“The cybersecurity market is extremely competitive, and the real value-add to customers comes from advanced algorithms that transform data into meaningful, actionable insights. This technology license, which is backed by eight patents, provides precisely these kinds of advanced algorithms developed by world-leading researchers at George Mason University,” noted Visium CTO Mark Lucky.

“We have developed a business plan which outlines the revenue potential of this technology and how it will become a significant capability in our cybersecurity portfolio.  We expect to generate revenues from this license and the additional initiatives that we have in the works in the very near term.”

Source: GlobeNewswire

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