Seattle – DECEMBER 21, 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 water management technology portfolio. The identity of the buyer nor financial details of the agreement could not be disclosed. This portfolio focuses on true water management for commercial, industrial and institutional water users by providing automated, real-time service and support to eliminate demand-side waste ranging from equipment failures to operational misuse and process drift. Unprecedented data analytics illuminate detailed consumption patterns resulting in actionable insight to help the supply and demand-side manage water inventory consumption.
“We sincerely appreciated the opportunity to assist this client with their monetization journey. Collaborating with such an innovative and visionary team was truly rewarding. Their dedication to their inventions and technological advancements was evident at every step,” said Louis Carbonneau, CEO of Tangible IP. “We leveraged our network and industry expertise to connect with potential buyers who recognized the potential of these innovations. Throughout the process, the quality of their portfolio clearly stood out. We’re proud to have played a role in maximizing the value of their intellectual property.”
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.