Seattle – FEBRUARY 1, 2023. TANGIBLE IP, LLC, an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, with over 5000 patents successfully brokered, announced that they brokered the sale of a low energy Bluetooth RF module patent portfolio, owned by Texas LFP LLC. The identity of the buyer nor financial details of the agreement could be disclosed. This portfolio relates to the novel technology of low energy Bluetooth RF modules that can be used as transceivers, transmitters, and receivers. The portfolio was widely practiced by large companies operating in this space.
“From the onset of our interaction with Tangible IP, they have lived up to their superior reputation within the industry. They prepared detailed technical materials ensuring the right information would be presented to the market. They left no stone unturned during this second round of outreach to their network and worked diligently to ensure closing. We greatly appreciated their expertise and would strongly recommend them for portfolio monetization,” said M.J. “Skeeter” LaDue.
“We were pleased that our client gave us the opportunity to bring their patent portfolio to the market, not once, but twice, allowing us to successfully prove its potential and value. It had been successfully asserted and now will get another day in the sun, further proving its worth. It is imperative to keep a pulse on our buyers’ areas of interests in order to be a successful matchmaker in this market.” said Louis Carbonneau, Founder and CEO of Tangible IP.
To receive an executive summary and relevant industry use information for other portfolios actively for sale, 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 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 info@tangibleip.biz.