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The company operates three primary investment funds: [11] Invention Investment Fund (IIF), purchasing existing inventions and licensing them; Invention Development Fund (IDF), partnering chiefly with research institutions to file descriptions of new inventions; Investment Science Fund (ISF), focused on internally developed inventions
The broker should have a network of connections in various market segments which can be used to help market the patent being sold. Potential buyers may include industry peers, competitors, entrepreneurs looking to commercialize the technology, but also defensive patent aggregators, and patent licensing companies.
Of the inventions licensed, only 10 made more in license fees than the cost of the invention promotion services. [ 4 ] Between 2007 and 2009, the Pittsburgh-based promotional firm InventHelp signed agreements with 5,336 clients resulting in 86 licensing agreements.
Seven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector's first trade group, they said on Wednesday.
Via-LA is an American company based in San Francisco, California that licenses patent pools covering essential patents. Via Licensing Corp acquired MPEG-LA in April 2023 and formed a new patent pool administration company called Via Licensing Alliance.
Red Hat uses this portfolio to cross license with proprietary software companies so that they can preserve their freedom to operate. [81] Other patent holders are in the business of inventing new "computer implemented inventions" and then commercializing the inventions by licensing the patents to other companies that manufacture the inventions.
Some companies file patent applications primarily to be able to cross license the resulting patents, as opposed to trying to stop a competitor from bringing a product to market. [5] In the early 1990s, for example, Taiwanese original design manufacturers , such as Hon Hai , rapidly increased their patent filings after their US competitors ...
Prior to Avanci, Alfalahi was Ericsson’s Chief Intellectual Property Officer, where in 2015 patent licensing generated $1.7 billion in revenue. [31] After more than 20 years with Ericsson, he left the company to address concerns about unpredictability and uncertainty in licensing fees through the founding of Avanci. [17]
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