Seattle – NOVEMBER 11, 2021. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 4500 patents successfully brokered, announced that they brokered four licenses with various Fortune 500 companies for a Cloud Computing patent portfolio. The identity of the licensees nor financial details of the agreement could be disclosed. The portfolio covers technologies that facilitate processing remote data with cloud computing resources and is widely practiced by a number of large operating companies.
“We always welcome the opportunity to bring value to both the licensees and licensor outside of the court system, said Louis Carbonneau, Founder and CEO of Tangible IP. “In this market, it is imperative we are flexible and creative in our strategy to bring value to our clients. Working with our strategic partners, we were able to negotiate four voluntary licenses, bringing an immediate return to our client and further validating the pedigree of the portfolio to the market.”
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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 email@example.com.