Testimonials
What Our Clients Say About Tangible IPTestimonials Related to Patent Brokerage
“I reached out to Tangible IP after interviewing quite a number of IP brokers. The Tangible IP team created high quality claim charts and marketing materials that fully exceeded our expectations. While their marketing efforts spanned their broad network of potential buyers, it was their diligent engagement with a focused group that ultimately lead to this successful sale. We greatly appreciated their ability to creatively navigate a challenging market and bring this deal to fruition. Louis Carbonneau and his team are a class act and we would not hesitate to recommend them.”
“As a Managing Director of Papst Licensing, I regularly review materials from numerous brokerage entities and other patent sellers. Tangible IP’s excellent reputation is well deserved. Their marketing and technical materials are consistently of the highest quality and most often superior to what we receive from other brokers/patentees. Their team goes above and beyond to provide well-articulated responses to our additional questions and in my experience, there are no other brokers that provide this level of detail and support especially regarding follow up questions. When Tangible IP brokers a patent portfolio, I know it will be of the highest quality and look forward to engaging with their team while performing our due diligence, regardless of whether we end up acquiring it or not.”
“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 multiple rounds of outreach to their network and worked diligently to ensure closing. We greatly appreciated their expertise and would strongly recommend them for portfolio monetization.”
“We have had the pleasure of working with Tangible IP several times, most recently on the completed sale of our semiconductor patent portfolio. Tangible IP has allowed us to successfully monetize our patents, allowing for the extraction of the maximum value of these assets. Their effective marketing strategies and robust network lead to finding a fitting buyer. Their renowned reputation is without a doubt earned as their hard-working team provided exemplary service throughout this entire process.”
“We are pleased with this initial sale of our patent portfolio and appreciate the care and consideration Tangible IP took to bring this deal to a close. They were able to attract several buyers who understood the value of the assets and who would be worthy custodians of the technology. We would recommend Tangible IP to anyone looking to strengthen their IP strategy by leveraging their patent assets.”
“We appreciate the hard work and dedication Tangible IP put into bringing this transaction to a close. Their thorough marketing and strong technical materials ultimately allowed us to find the right buyer for our portfolio.”
“Tangible IP has worked tirelessly to leave no stone unturned to find a suitable buyer for my portfolio. 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.”
“From the onset of our monetization efforts with Tangible IP, we knew we had chosen the right partner. Their approach was pragmatic yet creative as they diligently worked with a focused group to ultimately find the right acquirer for the portfolio. They were consistent in their efforts, providing us with the end result we desired. We would warmly recommend Tangible IP to any company faced with the challenge of bringing patent assets to market.”
“Tangible IP was retained to source specific patents for an acquisition engagement. They were selected because of their stellar reputation in the IP community and breadth of knowledge of the IP brokerage world. Tangible was the perfect complement to our internal resources, efficiently and expeditiously expanding our opportunity universe. They were quickly able to leverage their deep network and brought forth many valuable patent offerings for our review. We were pleased with not only the quality and relevance of the patents presented, but also the professionalism and level of consideration we received from working with the Tangible team. I would readily engage with them again on additional projects in the future.”
“We have retained Tangible IP several times so far to help us monetize strategic parts of our vast patent portfolio and each time, they find a new and creative way to get deals done that return money to our organization and its stakeholders and partners. We could not be more pleased about these results. We also like the fact that Tangible IP can have cordial licensing discussions with so many players and that their business model is based on mutual alignment of interests. We intend to continue our relationship with them in the future as they always deliver on their engagements.”
“We retained Tangible IP based on their excellent reputation as well as their outstanding track record in monetizing patents without having to resort to litigation or other assertion activities. They have done an excellent job so far in getting some immediate value for the patents through their ability to engage into meaningful discussions across their deep network of buyers and by being our strong advocate and seeing this deal through. We understand that it is extremely difficult to sell or otherwise monetize small patent portfolios without having to litigate and Tangible IP did just that, by extracting significant value for our patents through a voluntary license, while allowing us to continue to find a good home for this asset ultimately.”
“As a young software startup who pioneered remote desktop technology, we were referred to Tangible IP a few years ago with the goal of monetizing our small patent portfolio, after trying for years to develop a business relationship with a large tech company that ended up implementing our technology in their platform. Louis and his team took our case to heart and worked tirelessly during an extended period toward getting a substantial license in place for us, despite a rather sensitive situation with the ultimate licensee and the fact that we did not want to end up having to assert our patents in court if we could avoid it. They leveraged their relationship with the licensee, their negotiating skills and showed a lot of patience in making sure they could land a successful outcome on our behalf. We now feel that our inventions and past efforts have been vindicated and we look further to continuing the monetization of our portfolio with other industry members. We could not have had better advocates to represent us in this process and I would recommend Tangible IP to anyone who needs professional assistance with monetizing their patents.”
“We reached out to Tangible IP after hearing about their great reputation and we are very happy with the way they have represented our patent assets so far. We understand that it is extremely difficult to sell or otherwise monetize a single patent without having to litigate and Tangible IP did just that, by extracting significant value for our patent through a voluntary license, while allowing us to continue to find a good home for this asset ultimately. To do it twice in a row is no small feat. This is testament to the quality of their work and outreach and the depth of their network. For small companies like us, this is by far the best outcome to recoup value for our innovations and we would recommend Tangible IP to all patent owners who are in our situation.”
“Historically, we have been focused on acquiring patents ourselves and monetizing them primarily via our licensing programs. As our investment strategy evolved, and time came to start divesting some of our own port-folios, we looked around for a reputable firm to represent us and decided to go with Tangible IP given their great track record and wide industry recognition. We knew they would spare no efforts leveraging their deep network around the world to find us a suitable buyer, and that they would stay involved until the very end. They totally delivered on those promises; not only they were a dedicated advocate throughout the whole marketing and negotiation process, they also provided strategic advice during closing and found some creative solutions to address unusual situations that could otherwise have impacted our transaction adversely. We are very pleased that we retained them in the first place and plan to use their services again in the near term.”
“Vulcan selected Tangible IP based on their excellent reputation to help us sell a patent portfolio that we no longer needed internally. Their team did an extensive review of our patents and came up with very compelling mappings showing how relevant our patents were to the industry. More importantly, I really appreciated that they played the long game and took the time to work with and guide our prosecution attorneys in order to secure even better claims along the way, and that they waited until the portfolio was optimized before bringing it to the market. The results speak for themselves: we received great value for our assets and Louis and his team continued to guide us through the closing process and were at our side until the very end, making sure every-thing was proceeding smoothly and diligently. There are a lot of moving parts when trying to complete complex transactions like this one and we felt all along that Tangible IP was a dedicated and competent advocate for us with all parties involved, while keeping the ball moving. I would recommend them wholeheartedly to anyone wishing to monetize their patents.”
“As with many innovators, the process of creation, not business development is what interests me most. In the course of nearly a decade, I have seen a significant change in the marketplace. Intellectual property no longer garners the same level of respect as companies speed to market with little consideration for overlapping design. I feel highly fortunate to have had Tangible IP as my partner through this arduous process, from initial engagement to a completed transaction. Louis was patient, diligent, and steadfast even when I was ready to walk away. He continued to search, dig, and provide opportunity where I would certainly have failed.”
“This is the second portfolio that Tangible has sold for us. Even when we thought there might not be a buyer, Tangible IP was relentless in their efforts to explore every avenue to consummate this deal until it closed. They kept me apprised of their efforts along the way and explained in details the process as well as the alternatives I was presented with. We are very happy that we again selected Louis Carbonneau and his team to broker these assets. I would recommend them wholeheartedly to anyone who wants to monetize their patents.”
“When my husband passed away, we did not fully realize the extent of the technical contributions he had made to his field and how his patents reflected his innovative spirit. We also did not know anyone who could help us monetize this patent portfolio. We then talked to the firm that had prosecuted my husband’s patents and they recommended we retain Tangible IP based on their excellent track record and willingness to work with small inventors. We worked with Louis Carbonneau and his team throughout the whole process and we always felt we were in good hands. Tangible IP produced very high-quality detailed materials to better illustrate the relevance of my husband’s inventions and they went above and beyond in reaching out to potential buyers for the assets, all the way to closing the deal for us. We feel extremely fortunate that we had them as our partners during this complex endeavor.”
“We are a small technology company that had developed some interesting IP over the years that we wanted to leverage in order to raise non-dilutive funds. Since we know that this is a tough market environment and you only get one shot at it, we asked people knowledgeable in the industry for a trustworthy broker and we were referred to Tangible IP to help us monetize our patent portfolio. The Tangible IP team did a masterful job understanding our patents and underlying technology, and presenting this opportunity in a compelling way to prospective buyers through very detailed materials. As a result, they were able to attract offers for our patent assets and they skillfully and professionally advocated for us in negotiating the price and license grant back terms. We can now operate our company pretty much the way we were before while being able to reinvest new funds in our development activities. We really feel that Louis Carbonneau and his team had our back all along and they did not stop their diligent work until the deal had been fully consummated. I would recommend them to anyone else without any hesitation.”
“As an individual inventor, my passion is really about finding innovative solutions to known problems, not neces-sarily build a new business. So, when time came to monetize my patents, I asked around and was immediately referred to Tangible IP as the leading patent brokerage firm, as they have a great and consistent track record over the years in being able to close transactions even in very tight market conditions for patent owners. Having prosecuted my own patents, I have a good appreciation for expertise in this field and I was extremely impressed by the strength and technical rigor of the Tangible IP team. They understood exactly what my invention did (and did not) cover and prepared a very compelling set of marketing and technical materials for buyers. During the sale process, I was kept apprised of any development and could see how the firm was pushing hard to secure the very best price for my patents. Once there was a verbal agreement with the buyer, everything went on smoothly and we closed everything in less than two weeks. I would recommend Tangible IP without hesitation to those who want to monetize their IP assets and are seeking the best in the trade to represent them.”
Testimonials Related to Strategic Advisory
“Louis and his team at Tangible IP were instrumental in designing the architecture of our global intellectual property strategy for our radical innovation that we could categorize as a potential game changer on a global scale.”
“We recently asked Tangible IP to conduct a Freedom to Operate Analysis (FTO) to advise on a potential IP dispute. Louis and his team did a fantastic job. The report was comprehensive and the subsequent discussion with Louis to review the findings was very helpful. Their guidance reassured us and helped us to make the right decisions. We were very satisfied and we will not hesitate to contact Louis and his team again in the future!”
“We retained Tangible IP to value our patent portfolio as part of our strategic planning. We had a great intro call with Louis and Carly during which Louis walked us through their approach and the state of the patent market. Carly did a great job proactively communicating throughout the project and quickly answered our questions. The report that Tangible IP delivered provided a detailed look at the different valuation techniques and their respective pros and cons. The report also included a comprehensive assessment of the assumptions and their impact on our valuation. Carly offered to provide a detailed review of the report and address any questions. We were very satisfied with the process and final assessment and would recommend Tangible IP to anyone wanting an assessment of their patent portfolio. Thanks for the great work Louis, Carly, and team.”
“Our patent agent warmly recommended Tangible IP’s services for a Freedom To Operate study on our new product. We were supported through the entire process, the approach was pragmatic, structured, well explained. The resulting report was presented along with a very thorough explanation of its content and a knowledgeable exchange on how to interpret it. In conclusion, we received information that was both clear and actionable to plan our business strategy and solidify our risk assessment. We would warmly recommend Tangible IP to any company faced with the challenge of bringing a new technology product to the US market.”
“We retained Tangible IP to help us carry out an IP Portfolio Valuation as we embarked on a new commercialization initiative. We were referred to them because of their years of experience and professional reputation in the industry, and we were not disappointed. The team was professional, exceptionally well versed on the mechanics of IP valuation and provided us with a quality valuation that could be employed in our licensing negotiations. The Tangible IP team appropriately communicated the project status and next steps at each milestone and delivered a final product that our entire commercialization team found valuable. They also walked us through their report verbally and addressed all questions to our satisfaction. We look forward to working with Tangible IP again on future projects.”
“As an account manager at BDC, the only Bank exclusively dedicated to entrepreneurs, we invest and lend money to hundreds of companies all the way from startups to Fortune 500s. Nowadays, since most of any given company’s value lies in its intangible assets, it is becoming increasingly important for us to better understand both the risk and opportunity that IP matters bring to the fold. In this regard, we recently retained the services of Tangible IP to perform a valuation of the IP portfolio of a company we wanted to invest into, as well as a Freedom to Operate (FTO) analysis so that we’d have greater visibility on both such risk and opportunity. We were very pleased with the thoroughness of their process, their follow up throughout and the quality of the work product in both cases. This has allowed us in turn to underwrite a substantial loan with much greater level of confidence in our financing. We would recommend other investors to work with Tangible IP without any hesitation.”
“We recently retained Tangible IP to perform a Freedom to Operate (FTO) analysis and found the exercise to be quite valuable. While there was nothing immediately concerning with how we are operating today, this FTO report provides us with some additional requirements as we expand our features and products so that we do not infringe on any of these granted patents. There are clear and fairly easy methods of working around any future issues, it’s just a matter of knowing they exist. Reviewing the findings with Louis further highlighted these risks and opportunities, as he provided guidance that will allow us to continue to develop our IP Strategy.”
”A repeat user of Tangible IP’s services over many companies, this was the first time I solicited them for a Patent Landscape. I was impressed with the result that covered both market insights and the detailed analysis of over 2000 patents. What I found of great value and most useful going forward is the categorized database of relevant patents I can refer to in making strategic IP decisions. I expect to keep this Patent Landscape updated in the future and continue using Tangible IP’s services.”
”As an early stage startup, we did not know what to expect from doing an FTO with Tangible IP. However, our mentors encouraged us that doing an FTO will strengthen our overall IP strategy, prevent future legal surprises, and give more confidence to investors. We also realized very quickly that Tangible IP has an exceptional reputation in the IP space. During the process of doing the FTO, the Tangible IP team was professional, really understood our technology, communicated with us in a timely manner, and delivered a great report that we can always refer to. The call with Louis was also very informative and insightful, and we were very happy with the outcomes.”
“As we are developing a brand-new business around residential drone deliveries, we can grasp the importance of building on a strong IP strategy from the outset to avoid both unnecessary risks and reinventing the wheel, as this is already a crowded space. As such, we were referred to Tangible IP who conducted a thorough review of everything we had done since our inception that could potentially impact our IP position going forward, whether it pertained to patents, trade secrets, trademarks, designs, copyright, open source, contracts, etc. Their analysis was very detailed and made us realize that IP is lot more than patents and that the slightest omission can cause some problems downstream if not remedied. They provided us with a detailed report that contained their findings and a series of actionable recommendations that we will be able to implement in both the short and long terms, and which should go a long way in terms of minimizing the IP risks o the company and increase its value and industry relevance by focusing on what is most strategic. They also took the time on a series of phone calls to walk us through their findings and provide additional color and guidance. We feel we have learned a lot through this process and we are extremely satisfied with the results and with the clarity it has given us going forward. We would recommend Tangible IP to any startup that wants to establish a sound IP strategy early on, as this is a sound investment to make.”
“We retained Tangible IP to conduct a valuation assessment of our young patent portfolio as a way to confirm the pertinence of our current and investment strategy and how our IP could help us sustain a competitive advantage over time. After collecting all relevant information, including a call with their CEO and CPA, Tangible IP delivered a detailed and well-articulated report where different valuation techniques and their respective pros and cons were discussed, as well as all relevant assumptions and how they could impact validity of our patents, and thus their valuation. They also offered to review the report on a call to make sure there were no lingering issues. We were very satisfied with the over process and results and would recommend them to anyone who is looking at better understanding the value of their patent portfolio.”
“Our client retained Tangible IP to perform a patent landscape analysis on one of their core technologies. Not having ever done a patent landscape before, the client was questioning the value it could get from such an analysis. Louis and his team spent the time to present concrete examples of the entire process, from defining the scope of the technology to identifying risks, opportunities and actionable follow up steps. The client was then in a better position to initiate the work. The outcome of the exercise was above our expectations. It clearly showed that a tremendous amount of work of searching and compiling information was done but yet, the report was clear and easily understandable. Louis and his team delivered mightily. I would strongly recommend Tangible IP to anyone looking for a thorough patent landscape to be integrated as part of an IP strategy.”
“We recently asked Tangible IP to perform an independent analysis and valuation of one of our client’s global patent portfolio. We, and the client, were extremely satisfied with the extensive research and analysis contained in the report. Tangible IP delved deep into the patents’ technology and the global market for that technology. They narrowed the analysis to relevant factors and delivered a very comprehensive report. The report included a full discussion of the various valuation methods and a complete explanation of why a particular method was used. They went to great lengths in ensure that we, and the client, fully understood all details of the report. Tangible IP’s price quote was very competitive and reasonable. We, and our client, were very satisfied with Tangible IP’s overall performance.”
“TANGIBLE IP’s strategic advisory services are valuable, timely and cost effective, particularly when faced with critical junctures in patent prosecution. Our firm retained them to conduct an evidence of use (EoU) search in the context of a patent we are prosecuting for a client and their report was insightful in providing a ton a valuable information on how we might craft our claims to better map with where the industry is going. Whether honing an existing prosecution plan or looking for a fresh perspective, turning to TANGIBLE IP is a no brainer.”
“Intellectual property is at the cornerstone of our business and we also want to respect the IP rights of others. In that context, we first retained Tangible IP to perform a Freedom to Operate Analysis of our platform early in the design phase so that we could identify right away if there were potential issues with respect to third party patents. The process was interactive throughout and we were able to provide our input to the team performing the analysis. The final report was comprehensive and easy to navigate and I particularly appreciated the fact that Tangible IP’s CEO spent several hours with me personally going through each element of the report to make sure we were addressing all aspects. At the end, this left me with a high level of confidence about our ability to launch our product successfully and I learned a lot about what my competitors are doing by the same token. We also asked Tangible IP to conduct several patentability assessments of some clever things we developed to see if these could be patented. This enabled us, for a very low investment, to assess whether our inventions would be likely to be patentable and/or commercially valuable having regards the prior art. Given that obtaining a pa-tent in the US only –good or bad- costs as much as a nice car and that so many patents are invalidated these days because relevant prior art was never considered, it made perfect sense to verify things first for a very small fraction of the price and avoid spending significant money on the wrong assets. I was extremely satisfied with Tangible IP’s services and would recommend them to anyone how has similar needs.”