Seattle – SEPTEMBER 7, 2021. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with now over 4500 patents successfully brokered, announced that it brokered the sale of a patent portfolio pertaining to display technologies, originating from display leader Seiko. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. The portfolio is widely relevant to displays used in mobile phones, lighting devices, VR and other display devices, LED (OLED), display device packaging and structure and bi-stable technologies.
“Although it remains a difficult time to monetize patent assets, we are pleased with the outcome of the transaction and look forward to seeing how this portfolio will be put to good use in the future,” said Xiang Long, founder and CEO of Metis IP. “The Tangible IP team was very resourceful and diligent in their continued efforts and we could not have had better advocates to represent us in this process. During their outreach, they leveraged their deep network and left no stone unturned, which led to finding the right buyer for us.”
“We were very excited to have the opportunity to work with the Metis IP team to divest this prestigious portfolio,” said Louis Carbonneau, Founder & CEO of Tangible IP. “We knew assets of this caliber would get the attention of relevant industry players and we couldn’t be more pleased with the outcome. Providing value to the client is always the goal and we are happy we were able to deliver the desired result.”
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 4500 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.