Perhaps Patterson realized he didn't have anything which is why he blustered instead of accepting a deal that would only lead to disappointment.
On Sat, Dec 20, 2014 at 2:48 PM, Bob Higgins <[email protected]> wrote: > As I recall, the deal was $10M, spread over various milestones of > development. > > On Sat, Dec 20, 2014 at 5:27 PM, Terry Blanton <[email protected]> wrote: >> >> If it makes any difference, Jed confided in me this whole story when it >> happened. I found it appalling. Patterson wanted the $1M from Motorola >> but he wanted control of the secret. I had empathy for Motorola since they >> gave me my first job out of school and I wanted to see CF succeed. CETI >> could probably have easily have gotten a 40% share out of the batwings but >> they were greedy. >> >> It was a horrible story and we were devastated by it. >> > > I was disappointed at the time, but not devastated. I expected Cold > Fusion to rise out of the ashes and I would get to work on it when it > became clear that it was real. It was not until Rossi's Ni-H claims that I > was able to make a case to start a small project. This was just before I > retired. When I left, I took the project with me. At the time of > Patterson Cell, Bob Galvin was in charge - a man of real long term vision. > He knew he didn't need to fully understand it to make money with it. He > made a big leap and took Motorola into semiconductors when that technology > was little beyond alchemy. He felt he could do the same with Cold Fusion > (as it was told to me). After Bob Galvin left, Motorola slowly divested > itself of most of its physical science research capability; and today, it > may not be possible for Motorola to pursue such a project without > re-tooling its workforce and facilities. Back in the early 90's Motorola > could make at least one of anything in its labs and then drive it to > product - if a UFO had been given to Motorola for back engineering in 1990, > we would all be flying them now. >
