Seattle – MARCH 22, 2022. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 5000 patents sold, announced that they brokered the sale of a Cloud Computing patent portfolio. This was after a fruitful licensing campaign where four licenses with various Fortune 500 companies were taken this fall. The identity of the buyer 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 were successfully able to market this high quality portfolio in an ever-changing market as a result of our strong relationships within the industry. With our effective marketing and technical strategies, we provided mutually beneficial results for both the client and acquirer,” said Louis Carbonneau, Founder and CEO of Tangible IP. “It is really a best case scenario to be able to not only bring value to the client through licenses, but then subsequently sell the portfolio to a buyer who understands the value of these assets.”
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Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale or license of over 5000 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 firstname.lastname@example.org.