Seattle – JANUARY 7, 2021. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 4000 patents successfully brokered, announced that they brokered several licenses with various Fortune 500 companies for a patent portfolio pertaining to Wireless Payment & Transaction Technology owned by TJD Enterprises, Inc. Neither 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 Internet of Things (IoT) ecosystem. It should be noted that the above licenses were voluntary and did not involve any assertion related activity.
“We are incredibly satisfied with the initial results of Tangible IP’s marketing efforts. They were able to leverage their relationships to extract value for our portfolio through a series of voluntary licenses,” said Anthony Fisher, CFO of TJD Enterprises, Inc. “We know that Tangible IP will continue to creatively and successfully promote our assets, securing a successful outcome on our behalf.”
“It is always gratifying to return value to our client through mutually beneficial, voluntary licenses. We readily welcome the opportunity to engage in constructive conversations with industry players which allow our clients, and several sophisticated licensees, to enter into an advantageous agreement,” said Louis Carbonneau, Founder & CEO of Tangible IP. “We are extremely pleased to provide value in this way, while retaining the ability to enter into subsequent transactions of the same nature.”
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 4000 patent assets since its inception and has returned tens of millions of dollars back to inventors, shareholders and patent owners.
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.