Seattle – OCTOBER 1, 2020. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 3500 patents successfully brokered, announced that they successfully brokered five licenses with various Fortune 500 companies for a patent portfolio pertaining to Augmented Reality and Mixed Reality, owned by Airspace Reality. The identity of the licensees nor financial details of the agreement could be disclosed. The portfolio remains available for sale to others and is highly relevant to the industry, as it is widely practiced by a number of key players in the AR/MR markets. It should be noted that the above licenses were voluntary and did not involve any assertion related activity.
“It brings our team great pleasure to provide value to these prolific inventors who have been hard at work for 15 years. By putting licenses in place with large industry players in a way that avoids any threat of litigation and centers on the mutual alignment of interests, we are able to cover the needs of all sides through the licensing of high quality patents,” said Louis Carbonneau, Founder and CEO of Tangible IP. “These licenses also provide further validation to the scope and relevance of the portfolio with respect to the industry and we look forward to continuing our monetization efforts.”
To receive an executive summary and relevant industry use information for this portfolio, 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 3500 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 or by phone at +1 (425) 868-9280.