Seattle – DECEMBER 5, 2019. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 3000 patents successfully brokered, just announced the consecutive sales of two distinct patent portfolios that it was marketing exclusively for its clients. One pertained to CRM software and the other to dynamically created music. In both cases, neither the identity of the acquirer nor financial details of the agreement could be disclosed.
These two sales were only weeks apart and the firm currently has 5 more portfolios for which a sale or license is in some stage of completion. This provides further validation that the patent market is finally picking up velocity, after a long period of relative softness.
“It feels great to finally see many of the people behind these great inventions get rewarded financially for their respective contributions to society”, said Louis Carbonneau, CEO & Founder of Tangible IP. “Let’s not forget that patents being sold nowadays represent the cream of the crop of the inventions made years back and the people behind them deserve to be compensated for improvements they brought to their respective fields and which the industry as a whole eventually adopted, most often without paying them their due. As a well-known intermediary, we see our role in making sure that all patent owners, whether individual inventors or larger corporations, can transact their intellectual property at fair market value. And as more transactions are being reported, others will follow, which helps everyone ultimately by bringing more transparency to the patent market.”
To view all patent portfolios currently on offer, please visit https://tangibleip.biz/patents-for-sale.
Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale or license of over 3000 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 email@example.com or by phone at +1 (425) 868-9280.