Seattle – MAY 3, 2022. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 5000 patents sold, announced that it successfully brokered the sale of another Lot of Allied Security Trust’s (AST) IP3 2020 patent portfolio. The portfolio spans multiple technology sectors including Media, Mobile, Navigation and Web Services. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. Although these patent assets are now off the market, there are 18 Lots still available for acquisition or licensing.
“AST was pleased with the successful outcome on the sale of these additional assets. Tangible was great to partner and work with and there are still great assets available. We are looking forward to continued success with sales of the rest of these portfolios,” said Russell Binns, CEO of AST.
“We always appreciate the opportunity to work with sophisticated entities such as AST,” said Louis Carbonneau, CEO of Tangible IP. “By creatively engaging with our diverse network of buyers, we were able to bring another successful transaction to a close. I am very proud of our team who have been able to deliver these initial results and look forward to finding other opportunities for selective buyers to acquire the remaining 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 email@example.com.
ABOUT AST AST is a member-driven not-for-profit cooperative where representatives from various industries work together to mitigate risk and promote a better functioning IP marketplace. AST now includes Member companies from across multiple industries including information technology, software, semiconductors, communications, automotive, health tech, and social media. For more info, visit www.ast.com.