Press/Media

Seattle – July 24, 2018: Tangible IP Secures Expanded Licenses for Seller of Mobile Banking and Image Submission Patent Portfolio

TANGIBLE IP announced the expanded licensing of a patent portfolio pertaining to Mobile Banking and Media Submission, Processing and Distribution, belonging to Dallas Texas-based company Summit 6, LLC. The expanded license now covers select non-financial institutions. Financial details of the agreement were not disclosed. These licenses provide further validation to the scope and relevance of the Summit 6 portfolio with respect to the uploading of images and video in social media applications as well as in insurance applications. The portfolio is widely practiced across several industries. It should be noted that the above transaction occurred once again as a result of Tangible IP’s outreach to sell the portfolio and did not involve any assertion related activity or threat thereof.

Since its initial launch, the inventions embodied in the Summit 6 LLC IP portfolio have generated more than $100 million in revenue from commercial relationships, license agreements, and jury awards for patent infringement. “Working with Tangible IP has allowed us to deploy our IP where it can add the most value with above-market licensing returns, and most importantly, without the onerous expense and toll of enforcement. The expertise and extensive relationships that Tangible IP has earned over the years makes them a truly exceptional partner in a complex market,” said Sarah Pate, CEO of Summit6 LLC.

Offering a portfolio for sale has the added benefit of having the flexibility to entertain other deal structures, such as a license, without any of the disadvantages of assertion or a quasi-assertion campaign,” said Louis Carbonneau, Founder and CEO of Tangible IP. “At the end of the day, it is all about bringing value to the client and there are many ways this can be accomplished. One just needs to remain flexible and look for win-wins, as in this case. At a time when so many companies take a wait and see attitude when it comes to respecting other people’s IP, we are grateful to have been able to bring back through this second transaction substantial value to our client at such an early stage of our outreach, while we continue to look for a good home for this great portfolio.”

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Seattle – July 16, 2018: Tangible IP has been retained exclusively by Orange S.A. to broker their portfolio

TANGIBLE IP announced today that after being recently selected by both Google and HPE as one of their exclusive patent brokers, they have now also been retained exclusively by Fortune 500 company Orange S.A. (formerly known as France Telecom S.A.) to broker their patent portfolio.

“We are quite honored to have been selected by such a prestigious company as their exclusive patent broker for the upcoming monetization of some of their portfolio assets. We underwent a very thorough vetting process among several other firms and believe our impressive track record and solid reputation in the industry spoke for themselves in the decision to retain us. We look forward to working with Orange to successfully monetize their patents through our non assertion based outreach.”

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Seattle – May 15, 2018: Tangible IP CEO Named as one of the World’s Leading IP Strategists for the 7th Consecutive Year

TANGIBLE IP announced today that its Founder & CEO, Mr. Louis Carbonneau, was among the World’s Leading IP Strategists named to the Intellectual Asset Magazine (IAM) Strategy 300 for the seventh year in a row, an honor bestowed only to a few individuals.

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Seattle, WA – FEBRUARY 21, 2018: THE COMPLETE SALE OF LARGE AUTOMOTIVE COLLISION AVOIDANCE PATENT PORTFOLIO
Leading Patent Brokerage Firm Off to a Great Start in 2018 after Posting Strong Results in 2017

TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with almost 3000 patents sold, announced that it has successfully brokered the sale of a patent portfolio of close to 150 assets owned by well-known French Sovereign Patent fund (SPF) France Brevets, in the Automotive & Self-Driving and Unmanned Vehicles area. The portfolio had been originally developed by a France-based defense contractor and contained assets covering LIDAR, RADAR, HUD and other detection-related technology. Financial details of the agreement were not disclosed, nor was the identity of the acquirer.
“Historically, we have been focused on acquiring patents ourselves and monetizing them primarily via our licensing programs”, said Yann Dietrich, Senior Vice President Licensing / Director Strategy & Development at France Brevets. “As our investment strategy evolved, and time came to start divesting some of our own portfolios, we looked around for a reputable firm to represent us and decided to go with Tangible IP given their great track record and wide industry recognition. We knew they would spare no efforts leveraging their deep network around the world to find us a suitable buyer, and that they would stay involved until the very end. They totally delivered on those promises; not only they were a dedicated advocate throughout the whole marketing and negotiation process, they also provided strategic advice during closing and found some creative solutions to address unusual situations that could otherwise have impacted our transaction adversely. We are very pleased that we retained them in the first place and plan to use their services again in the near term”, said Dietrich.
“It has been an honor to assist France Brevets in this large transaction”, said Louis Carbonneau, founder & CEO of Tangible IP. “As one of the more responsible patent licensing entity in the market, they are able to recognize that there are some patents that are better suited to finding a good home with an operating company who can productize them, than generating licensing revenues through licensing activities. This portfolio is of very high quality and directly applicable to the emerging autonomous vehicles industry. Developed with aerospace in mind, it will now get a second life in the automotive space through its new owner. This is a true win-win and we feel gratified that we could support through our brokerage services this business model diversification and return substantial value to France Brevets and its stakeholders”, said Carbonneau.

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Seattle, WA – JANUARY 12, 2018: Tangible IP Secures License for Seller of Mobile Banking and Image Submission Patent Portfolio

Portfolio Still Available For Sale or Additional Licenses

TANGIBLE IP, LLC, announced the limited licensing of a patent portfolio pertaining to mobile banking and media submission, processing and distribution, belonging to Dallas, Texas-based company, Summit 6, LLC. The licenses cover two of the largest US financial institutions. Financial details of the agreement were not disclosed. These licenses provide further validation to the scope and relevance of the Summit 6 portfolio with respect to the mobile photo deposit of checks currently implemented by over 5,000 US financial institutions. The portfolio also applies to uploading of images and video in social media applications as well as in insurance applications, and is widely practiced among several industries. It should be noted that the above transaction occurred as a result of Tangible IP’s outreach to sell the portfolio and did not involve any assertion related activity.

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Seattle, WA – October 20, 2017: Tangible IP Announces Completed Sale of Search Patent Portfolio

TANGIBLE IP, LLC, announced that it had successfully brokered the sale of a large patent portfolio in the Search area, comprised of approximately 70 assets.  The identity of the parties and the financials of the agreement were not disclosed.  With this transaction, Tangible IP has now reached the mark of 2500 patents successfully brokered since its inception, continuing its strong track record of the past years.

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Seattle, WA – July 3, 2017: Tangible IP Announces Completed Sale of Critical Notification and Information Management Systems Patent Portfolio

Tangible IP announced that it had successfully brokered the sale of a patent portfolio in the Critical Notification and Information Management Systems comprising of five patents.  The identity of the parties and the financials of the agreement were not disclosed.

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Seattle – June 16, 2017: Tangible IP CEO Named as one of the World’s Leading IP Strategists for the 6th Consecutive Year

TANGIBLE IP announced today that its Founder & CEO, Mr. Louis Carbonneau, was among the World’s Leading IP Strategists named to the Intellectual Asset Magazine (IAM) Strategy 300 for the sixth year in a row, an honor bestowed only to a few individuals.

Seattle – February 21, 2017: Tangible IP Announces Completed Sale of Audio & Video Content Search Portfolio

TANGIBLE IP announced that it has successfully brokered the sale of the patent portfolio of inventor Robert Davidson around the audio and video content search. The identity of the buyer and the financials of the agreement were not disclosed.

Seattle – August 29, 2016: Tangible IP Announces Completed Sale of Semiconductor Patent Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of the patent portfolio of ANA SEMICONDUCTOR comprising of thirteen US issued patents and the brainchild of the late Dr. Sangbeom Park.  The identity of the buyer and the financials of the agreement were not disclosed.

Seattle – July 18, 2016: Tangible IP Announces Completed Sale of Voicemail Delivery and Unified Communication Patent Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of a 7 US patents portfolio of inventor Jack Baxter in the field of voicemail delivery and unified messaging.  The identity of the buyer and the financials of the agreement were not disclosed.

Seattle – June 22, 2016: Tangible IP CEO Named as One of The World’s Leading IP Strategists

TANGIBLE IP announced today that its Founder and CEO, Mr. Louis Carbonneau, was among the World’s Leading IP Strategists named to the Intellectual Asset Magazine (IAM) Strategy 300 for the fifth consecutive year. This unique guide is a listing of individuals – identified by in-depth research undertaken by a team based in London, Washington, D.C., and Hong Kong – with an established track record in developing and rolling out world-class IP value creation programs.

Barcelona – May 5, 2016: Tangible IP Announces Completed Sale of Tablet Computer Design Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of the patent portfolio of Over the Sun, LLC and brainchild of inventor Kai Staats around Mr. Staats pioneering design on tablet computers.  

Seattle – May 22, 2016: Tangible IP to Sponsor Upcoming IP Business Congress Global 2016 in Barcelona (June 5-7)

TANGIBLE IP announced that it will be sponsoring the upcoming annual Intellectual Property Business Congress (IPBC Global 2016) which will take place in Barcelona, Spain, from June 5th to June 7th, 2016. It will be the ninth IPBC Global – the world’s leading event focusing on the business of IP value creation and the second year in a row that Tangible IP is a sponsor of the event.

Seattle – May 2, 2016: Tangible IP Announces Completed Sale of Location-Based Social Networking Patent Portfolio

TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with offices in San Francisco and Montreal, announced that it had successfully brokered the sale of the patent portfolio of inventor David Stackpole in the field of location-based social networking.

Seattle – April 5, 2016: Tangible IP Announces Completed Sale of Mobile Advertising Patent Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of the patent portfolio of inventor American Kenneth J. Kramer, LLC in the field of mobile advertising.  Mr. Kramer is a marketer and inventor passionate about television marketing technology who came up in 2002 with the original idea to link remote control devices with advertising of nearby products and services in hospitality settings. The portfolio eventually evolved to a family of patents that cover other handheld devices, such as smartphones, and broader use scenarios.  With this sale, the inventor will now have the opportunity to reap the rewards of his early innovations that have been widely embraced by the industry.

Seattle – February 5, 2016: Tangible IP Announces Record Transactions for 2015

TANGIBLE IP closed the books on a torrid 2015 with the successful closing of double-digit patent sales during the last calendar year, despite what is still considered to be a very tight environment for patent owners in general. Several of the transactions were in the seven figures, while a few also included a deferred payment plan for the sellers that will continue to bring in revenues over the next several years.

Seattle – January 22, 2016: Tangible IP Announces Completed Sale of Mass Flow Control for Semiconductor Manufacturing Patent Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of the patent portfolio of Cyber Instruments Technology, LLC. (“Cyber Instruments”) in the field of mass flow control for semiconductor manufacturing. 

Seattle – December 8, 2015: Tangible IP Announces Completed Sale of Location Services Patent Portfolio

TANGIBLE IP announced that it had successfully brokered the sale of a patent portfolio pertaining to location services belonging to Florida based company Mexens IP Holdings, LLC (“Mexens”). The identity of the buyer and the financials of the agreement were not disclosed. Mexens held the patents related to outdoor positioning technology that pioneered the use of crowdsourcing software to build and update a database comprising hundreds of millions of cell tower and access point locations.

Seattle – September 15, 2015: Tangible IP Announces Completed Sale of Cloud Network and Storage Patent Portfolio

Tangible IP announced the sale of a patent portfolio pertaining to hosted services, cloud network & storage portfolio technology belonging to MaxSP Corporation. At the time of the sale, the portfolio comprised 17 issued US patents and several pending applications. 

Seattle – September 10, 2015: Tangible IP Announces Sale of Automotive Patent Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to electronic vehicle inspections belonging to Seattle-based company Fleettrakker, LLC. The identity of the buyer and the financials of the agreement were not disclosed. This sale provides further validation to the scope and relevance of the Fleettrakker vehicle inspection portfolio at a time when the Department of Transportation is making the whole industry migrate to electronic reporting for commercial vehicle safety inspections, which are mandated by law.

Seattle – July 20, 2015: Tangible IP Announces Sale of the Sale of Amperometric Diagnostic Analysis Patent Portfolio

TANGIBLE IP announced today the sale of a patent portfolio pertaining to AMPEROMETRIC DIAGNOSTIC ANALYSIS technology belonging to Tall Oak Ventures, LLC. The specifics of the agreement and the identity of the buyer were not disclosed.

Seattle – June 18, 2015: Louis Carbonneau Named One of the World’s Leading IP Strategists for the 4th Consecutive Year

TANGIBLE IP announced today that its Founder & CEO, Mr. Louis Carbonneau was named again in 2015 as one of the World’s Leading Intellectual Property Strategists by the British publication Intellectual Asset Management (IAM).  Four years ago Mr. Carbonneau joined this elite club of IP Strategists around the world which in-depth research has shown to possess world class skills in the development and roll-out of strategies that maximize the value of patent, copyright, trademark and other IP rights. 

Seattle – June 8, 2015: TIP Announces Sale of Financial Management System Patent Portfolio

TANGIBLE IP announced today the sale of a patent portfolio pertaining to Financial Management System technology belonging to individual inventor Elizabeth Dyor. Despite the recent demise of many software patents since the US Supreme Court decision in Alice, the brokerage firm was able to demonstrate the applicability of this portfolio to the industry and convince a sophisticated buyer to acquire the assets.

Seattle – April 27, 2015: TIP Announces Sale of Media Targeting Patent Portfolio

TANGIBLE IP announced today the sale of a patent portfolio pertaining to Media Targeting and & Optimization technology belonging to Working Research, Inc. Despite the recent demise of many software patents since the US Supreme Court decision in Alice, the brokerage firm was able to demonstrate the applicability of this portfolio to the industry and convince a leading industry player to acquire the assets. Through its technical experts, Tangible IP developed detailed charts showing how the patents were being practiced by several key industry players.

Seattle – March 23, 2015: Tangible IP Announces Sale of Database Portfolio

TANGIBLE IP announced today the sale of a patent portfolio pertaining to relational database technology belonging to TMLN Royalty, Inc. (“TMLN”), formerly TimeLine. The specifics of the agreement and the identity of the buyer were not disclosed but the transaction was reportedly in the seven figures.

Seattle – February 23, 2015: Tangible IP Announces Record Performance for 2014

TANGIBLE IP closed the books on a successful 2014 fiscal year with sales that far exceeded industry average for all transactions it brokered last year. Taking in to account all patent sales completed in 2014, Tangible IP secured for its clients an average price per issued patent of $414,000, far exceeding the published industry average of $251,000 for similar transactions*. 

*Source: Patent Value Quotient, published by IPOfferings.

Seattle – October 14, 2014: Tangible IP Sponsors IP Dealmakers Forum

TANGIBLE IP announced today that it is a Sponsor of the upcoming 2014 IP Dealmakers Forum, to be held in New York on November 6-7, 2014.

Seattle – October 3, 2014: Tangible IP Beefs Up Its Management Team

TANGIBLE IP announced today that several senior and well respected industry experts have joined its management team. These additions will allow the firm to add varied and deep technical expertise to its core bench and to continue its growth in its flagship activities, i.e. patent brokerage and IP advisory services.

Seattle – September 2, 2014: Tangible IP Announces Sale of Video on Demand Patent Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to Video on Demand (VOD) belonging to Canadian company VVS Virtual Video Systems, Inc. (“VVS”). The financials of the agreement and the identity of the buyer were not disclosed. 

Seattle – August 6, 2014: Tangible IP Secures License for Seller of Vehicle Inspection Patent Portfolio

Tangible IP announced the license of a patent portfolio pertaining to electronic vehicle inspections belonging to Seattle-based company Fleettrakker, LLC to industry leader Zonar Systems, Inc. The financials of the agreement were not disclosed. This license provides further validation to the scope and relevance of the Fleettrakker vehicle inspection portfolio at a time when the Department of Transportation is making the whole industry migrate to electronic reporting for commercial vehicle safety inspections, which are mandated by law. 

Seattle – July 8, 2014: Tangible IP Sells Fluorescent Replacement LED Patent Portfolio

TANGIBLE IP announced the sale of another patent portfolio pertaining to LEDs, belonging to New Orleans, LA company Plastics Inventions & Patents, Inc., d/b/a Beyond Edison. The specific financials of the deal could not be disclosed but the sale was in the seven figures. With this latest transaction, Tangible IP once again shows that it is the gold standard in patent brokerage with over 2000 patent assets brokered since its inception and a per patent price average that is much higher than current industry standards.

Seattle – June 2, 2014: Tangible IP Sells LED Lighting-Related Patent Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to LED remote dimming belonging to Canadian operating company Gecko Alliance Group, Inc. (Gecko), which had become widely adopted by the lighting industry. The financials of the deal could not be disclosed but the seller was able to retain a license back to the portfolio that will enable it to continue its normal business operations unencumbered. With this latest transaction, the premiere brokerage firm continues to lead the patent brokerage community with over 2000 patent assets brokered since its inception.

Seattle – February 19, 2014: Tangible IP Sells IPTV-Related Patent Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to user interface broadly applicable in the IPTV and other consumer electronics scenarios. With this last transaction, the premiere brokerage firm continues to lead the pack among the patent brokerage community with over 2000 patent assets brokered since its inception

Seattle – September 8, 2013: Tangible IP Announces the Sale of a Lighting-Related Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to lighting technology broadly used in households around the globe. The name of the seller or the specifics of the deal could not be disclosed. With this last transaction, the premiere brokerage firm has now reached the impressive milestone of having successfully brokered in excess of 2000 patent assets since its inception.

Seattle – July 22, 2013: Louis Carbonneau Appointed Venture Partner by Cycle Capital

TANGIBLE IP, LLC an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with offices in San Francisco and Montreal, announced today that its Founder & CEO, Mr. Louis Carbonneau was recently appointed as Venture Partner by Cycle Capital Management of Montreal (Canada), a leading cleantech VC firm with $230M under management. Mr. Carbonneau had been a strategic advisor to Cycle Capital for two years on and this new role will allow Cycle Capital to benefit from his continued advice and support on all intellectual property related matters, both pre and post investment. Mr. Carbonneau will continue his day-to-day management of Tangible IP and of his technology law firm, The Point Law Group.

Seattle – June 4, 2013: Louis Carbonneau Named For Second Year in a Row as One of the World’s Leading IP Strategists

TANGIBLE IP announced today that its Founder & CEO, Mr. Louis Carbonneau, was named again in 2013 as one of the World’s Leading Intellectual Property Strategists by the British publication Intellectual Asset Management (IAM). Last year, Mr. Carbonneau joined this elite club of IP Strategists around the world who have been recognized by their peers as being among the best in their trade.

Seattle – May 20, 2013: Tangible IP Announces the Sale of a Wireless Video Patent Portfolio

TANGIBLE IP announced the sale of a patent portfolio pertaining to low power consumption wireless video technology. The brokerage firm was retained after another other brokerage firm failed to bring a suitable offer to the seller, Wireless Imaging, LLC. 

Seattle – July 16, 2012: Tangible IP Closes Another Seven Figure Patent Sale in Record Time

TANGIBLE IP announced the sale of a patent portfolio in the desktop telephony area to a Fortune 500 company earlier this month. The brokerage firm was retained after two other brokers failed to bring a suitable offer to the seller, Baxtech Asia Pte Ltd. Tangible IP took only three weeks to attract a credible buyer within the price range sought for by the seller and coordinated a closing in the record time of only three more weeks.

Seattle – June 20, 2012: Louis Carbonneau Named as One of the World’s Leading IP Strategists

TANGIBLE IP announced today that its Founder & CEO, Mr. Louis Carbonneau, was named as one of the World’s Leading Intellectual Property Strategists  by the British Publication Intellectual Asset Management (IAM) …

Seattle – July 2, 2012: Tangible IP Announces Sale of 10 Million Dollar Patent Portfolio to Fortune 500

TANGIBLE IP announced the recent sale of a patent portfolio in the asset monitoring area to a large US based operating company. The portfolio brokered by Tangible IP comprised over 100 assets, including around 65 issued US patents owned by Seattle based TeraHop Networks, Inc. This is the third multimillion dollar patent sale orchestrated by Tangible IP since the beginning of 2012 and many more are in closing stage.

Las Vegas – April 16, 2012: VVS Announces Immediate Availability of Key Patent Portfolio in VoD Space

VVS Virtual Video Systems (Canada) Inc. (VVS), a pioneer in distributed Video on Demand (VOD) systems recently announced that it was going to divest its patent portfolio in the VOD space and has retained US patent brokerage firm TANGIBLE IP to coordinate the sale.

Seattle – March 19, 2012: Tangible IP Announces Sale of Small Patent Portfolio at Multimillion Dollar Price

TANGIBLE IP announced the recent closing of a small patent portfolio in the online provisioning technology area.  The portfolio, comprised of 3 related issued US patents owned by Colorado based Teleservices Solutions, Inc., fetched a noteworthy price that included potential profit sharing terms between the buyer and seller.