Seattle – JANUARY 21, 2022. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 4500 patents sold, announced that it successfully brokered the sale of a patent portfolio owned by Media I/P, LLC in the digital content delivery market. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. The portfolio relates to the field of video playback devices, and more particularly, those services that play content from a digital library stored either locally or remotely.
“What Tangible helped us achieve is far beyond what I could have hoped. Tangible’s experience, guidance throughout the process, and buyers’ network is directly attributable to achieving the result we did. I am extremely grateful for that and how quickly it was achieved. I would recommend Tangible without hesitation to anyone needing to monetize an IP portfolio,” said an executive at Media I/P, LLC.
“We were happy to have such a strong finish to 2021, with the closing of this portfolio as well as a few others. It once again goes to show there is demand for high quality portfolios in the market. By consistently working to expand and develop our buyers’ network, we are able to bring value to our clients and further validate their technological contributions,” said Louis Carbonneau, CEO of Tangible IP, LLC.
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.