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.