Seattle – NOVEMBER 9, 2020. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 4000 patents successfully brokered, announced that they successfully brokered the sale of a 13 asset patent portfolio pertaining to vehicle to vehicle communication technology, owned by the Strategic Design Federation W. Neither the identity of the buyer nor financial details of the transaction could be disclosed. This marks double digit transactions in 2020 for Tangible IP.
“We are very pleased to announce yet another successfully completed transaction, which puts us in double digit deals closed so far this year, with several more to come. This portfolio was quite relevant to the automotive IoT space and the buyer, a sophisticated operating company from Asia, readily recognized its value,” said Louis Carbonneau, Founder & CEO of Tangible IP. “This transaction also confirms our current optimism about how the IP marketplace is trending and the fact that patent owners of high quality patents can still reap the rewards of their innovative contributions.”
We have buyers reaching out to us daily looking for great assets for acquisition. If you are considering the monetization of your IP portfolio, please send an email to info@tangibleip.biz.
Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale or license of over 4000 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.