Seattle – FEBRUARY 8, 2024. 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 multiple Lots of Allied Security Trust’s (AST) IP3 2022 patent portfolio. The identity of the buyer nor financial details of the agreement could be disclosed. The remaining Lots available for sale span multiple technology sectors including advertising, AI/machine learning, cloud computing, geolocation, IoT, media, semiconductor, and web services, among others. To receive information on the remaining Lots, please inquire at

“We were excited to continue our successful collaboration with Tangible IP on the sale of our IP3 2022 patent portfolio. We are pleased that these transactions not only bring value to our Membership but also to the savvy buyers who understand the potential of these assets,” said Russell Binns, CEO of AST.

“Each year we are eager to showcase these 30+ lots which represent the best of the best among the over 1000 that were submitted to AST in the prior year’s IP3 acquisition program. We are honored AST has entrusted us again with the sale of their patent portfolio and look forward to continued success in finding buyers who understand the caliber of these assets,” said Louis Carbonneau, CEO of Tangible IP.

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

ABOUT AST AST is a member-driven not-for-profit cooperative where representatives from various industries work together to mitigate risk and promote a better functioning IP marketplace. AST now includes Member companies from across multiple industries including information technology, software, semiconductors, communications, automotive, health tech, and social media. For more info, visit