Seattle – NOVEMBER 7, 2024. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with well over 5000 patents successfully sold, announced that they brokered the sale of a high frequency trading patent portfolio. The identity of the buyer nor financial details of the agreement could be disclosed. The technology relates to low latency wireless transmission via the ionosphere or other atmospheric layer at frequencies of various communication spectrums (medium frequency (MF), high frequency (HF), very high frequency (VHF), etc.), which is used for cutting-edge low-latency networks, specifically applicable within financial markets.
“This initial sale is a rewarding milestone in our monetization process. Tangible IP’s expertise in navigating the complex landscape of patent transactions enabled us to get the portfolio in front of the right buyers. Their professionalism and commitment to securing the best deal for us has been evident from the start,” said Jeffrey Adams. “Thanks to their continued efforts, the portfolio is now in the hands of a group that understands the value of these assets and their contribution to the market.”
“It is always a privilege to work alongside such a forward-thinking and inventive group. Their commitment to innovation matched our dedication to delivering a successful transaction. We facilitated connections within our extensive network, introducing the portfolio to interested parties who understood the significance of these patents,” said Louis Carbonneau, CEO of Tangible IP. “Their trust in our expertise and the collaborative approach we shared made this process effective.”
To receive an executive summary and relevant industry use information for other portfolios actively for sale, please inquire at info@tangibleip.biz.
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.