Seattle – FEBRUARY 15, 2021. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 4000 patents successfully brokered, announced that it  brokered the initial sale of a portion of a patent portfolio pertaining to mobile communications technology, owned by world renowned Siemens. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. Several families with strong evidence of use still remain available for sale to others and are highly relevant to the mobile communications ecosystem.

“We are pleased with the initial sale of some of the assets in this vast portfolio to a sophisticated buyer. Furthermore, we are optimistic we will be able to find a good home for the remainder of the assets as these are great patents originating from a great company with a long tradition of innovation. This opening sale provides further validation of the pedigree and relevance of the portfolio to this technology sector,” said Louis Carbonneau, Founder & CEO of Tangible IP. “We are gratified to provide initial value to our client in this way, while retaining the ability to enter into a subsequent sale or licensing transaction and we welcome inquiries on the rest of the portfolio.”

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. 

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.