Seattle – JUNE 23, 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 several voluntary licenses for the seller of an Application Programming Interface (API) patent portfolio. The identity of the licensees nor financial details of the agreements could be disclosed. The technology relates to receiving one or more service requests, initiated by an application server or an API, and processing said received service requests. The portfolio was widely practiced by a number of large operating companies.
“We understand the difficult market and are extremely pleased to be able to provide our clients with opportunities that result in successful transactions,” said Louis Carbonneau, Founder and CEO of Tangible IP. “These licensing deals not only provide value to the client but allow them the flexibility to decide which direction to next take their portfolio.”
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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.