Seattle – May 8, 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 multiple voluntary licenses for the seller of a patent portfolio covering flip chip technologies. Other technology areas represented in the portfolio include wireless and telecom, facial recognition, IoT and smart home, and auto and mobility. The identity of the licensees nor financial details of the agreements could be disclosed. The portfolio is practiced by prominent companies operating in this space and remains available for brokerage or licensing.

“We are working more closely with domestic and foreign companies to continuously create outstanding research results that contribute to the development of the nation and human society. We are delighted to partner with Tangible IP on this innovative portfolio so that the university’s research output can lead to value creation for human society in the future. Based on Tangible IP’s initial licensing and patent transfer strategy, we believe our portfolio will be able to help companies grow both domestically and international,” said Jae-Boong Choi, President, Research & Business Foundation of SungKyunKwan University.

“We were very excited to have the opportunity to represent this portfolio as it has been evident from the onset that these assets would have substantial relevance to the greater market and the major players within it. While we are pleased with these initial transactions, this is just the beginning and we look forward to continuing the journey of finding the portfolio a buyer who understands its potential and will be able to fully extract its value,” said Louis Carbonneau, Founder and CEO of Tangible IP.

To receive an executive summary and relevant industry use information for this portfolio, 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.