Seattle – NOVEMBER 14, 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 data storage technology patent portfolio. The identity of the buyer nor financial details of the agreement could be disclosed. This portfolio covers valuable innovations for data backup and cloud storage technologies. The claims of the portfolio describe the systems and methods to track and display time-critical tasks on a computer screen.

Tangible IP has worked tirelessly to leave no stone unturned to find a suitable buyer for this portfolio,” said Jeff Klem, Inventor. “They prepared compelling documents and ensured the right information was presented to their network, yielding a successful match with a buyer I am confident will be successful further monetizing these assets. I feel that my contributions to this field will now get properly compensated by those who utilize my inventions.

We were pleased that our client gave us the opportunity to reintroduce their patent portfolio to the market, allowing us to successfully highlight its potential and value. These assets will get another day in the sun, further proving their 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

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 or contact us via email at