Seattle – MARCH 31, 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 successfully brokered the sale of a patent portfolio pertaining to Cybersecurity & Encryption technology, owned by Rubicon Labs Inc. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. The portfolio is widely relevant to cybersecurity measures in cloud computing, cloud-based infrastructure (IaaS), and digital rights management.
“I reached out to Tangible IP after interviewing quite a number of IP brokers. The Tangible IP team created high quality claim charts and marketing materials that fully exceeded our expectations. While their marketing efforts spanned their broad network of potential buyers, it was their diligent engagement with a focused group that ultimately lead to this successful sale. We greatly appreciated their ability to creatively navigate a challenging market and bring this deal to fruition. Louis Carbonneau and his team are a class act and we would not hesitate to recommend them,” said Richard Egan, CEO of Rubicon Labs Inc.
“The current market has required us to be creative in finding an acquirer that understands the strength of the assets and would provide our client with just compensation for the value of their patent portfolio,” said Louis Carbonneau, Founder & CEO of Tangible IP. “We have been working with Rubicon on this project for a while now and this is testament, once again, that a tailored approach and years of fostering our diverse network ultimately pays off for our clients.”
To receive information regarding other portfolios presently under brokerage with us 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.