IBM payed through the nose (in their
estimation)
for rights to core memory technology patented
by Jay Forrester at MIT (through MIT's patent
management company).
Correct, it was MIT that received the nose payment.
I do not recall a number from the book, but IBM probably spent much
more money trying to develop some other form of memory that would not
infringe. A decent amount of that money went into technologies that
went nowhere.
--
Will