Seattle – JUNE 3, 2024. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 5000 patents sold, announced that they brokered multiple voluntary licenses for the seller of a patent portfolio covering network communication technologies. The identity of the licensees nor financial details of the agreements could be disclosed. The portfolio was widely practiced by a number of large companies operating in this space.

“The opportunity to bring patent owners and mature licensees together, outside of the courtroom, is always a mutually rewarding experience. A patent owner’s commitment to ground-breaking technology and their emphasis on protecting their intellectual property rights resonates deeply with our own principles. We know this is just the start of the monetization journey for these patents and we’re pleased to have been a small part of their success story,” said Louis Carbonneau, CEO of Tangible IP.

Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale or license of over 5000 patent assets since its inception and has returned tens of millions of dollars back to inventors, shareholders and patent owners. 

ABOUT TANGIBLE IP, LLC Tangible IP offers full service patent brokerage and strategic IP advisory services. For more info, visit www.tangibleip.biz or contact us via email at info@tangibleip.biz.