Microsoft starts selling technology to start-ups

AMSTERDAM (Reuters) - Microsoft Corp. (Nasdaq:MSFT - news) said on Tuesday it has joined research-intensive organizations to sell its non-core technology to start-up companies in an attempt to earn money from discoveries that would otherwise gather dust.

The world's largest software maker said it was already working with government agencies in Ireland and Finland to reach young companies that may be interested in technology from Microsoft's multi-billion dollar research arm.

"We provided three Irish companies with source code to test and subsequently licensed it to one, Softedge Systems. Since then we've taken another three technologies to Entreprise Ireland and expect at least another two deals before July," said David Harnett, senior director at Microsoft IP Ventures.