Seattle – JULY 11, 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 a computer vision and image processing portfolio owned by Tandent Computer Vision, formerly Tandent Vision Science, Inc. Neither the identity of the acquirer nor financial details of the agreement could be disclosed. The technology covered in this 100+ asset-large portfolio embodies several foundational inventions related to machine learning and AI-based computer vision algorithms for processing and editing digital images.
“We appreciate the hard work and dedication Tangible IP has put into bringing this transaction to a close. Their thorough marketing and strong technical materials ultimately allowed us to find the right buyer for our portfolio,” said David Dolby, the Manager of Tandent.
“Due to the diligence of our brokerage team, we were successfully able to find an acquirer that understood the strength of the assets and provided our client with fair compensation for the long-term value of their patent portfolio,” said Louis Carbonneau, CEO of Tangible IP. “We always welcome the opportunity to work with other dedicated professionals, such as the team representing the Tandent portfolio. With multiple rounds of outreach and no stone left unturned, we were able to bring this mutually beneficial deal to a close.”
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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.