1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Tangible IP Closes its Fifth Multimillion Dollar Patent Sale in 2012

TANGIBLE IP, LLC announces the sale of a patent portfolio in the mobile and PC user interface domains. The sale resulted in a multi-million dollar transaction with a US Fortune 100 company.

 
PRLog - Nov. 9, 2012 - SEATTLE -- TANGIBLE IP, LLC an international patent brokerage and Intellectual Property advisory firm headquartered in Seattle, WA, announced today the sale of a patent portfolio in the mobile and PC user interface domains. The seller, Maya-Systems Inc., based in Montreal, Quebec, initially requested Tangible IP’s assistance with monetizing one of its patent portfolios. The sale resulted in a multi-million dollar transaction. The sold portfolio consisted of 18 properties — a fraction of Maya-System Inc.’s total patent assets.

“We are pleased that this sale generated so much interest and  resulted in multiple offers. We always thrive to how the true value in our clients IP assets and we succeeded this time again.This allowed us to negotiate an excellent deal for the seller,” stated the Founder and CEO of Tangible IP, Louis Carbonneau. “Maya-Systems is a disruptive innovator. It has become the recipient of a number of visionary patents that anticipate the evolution of technology in user interfaces. Its  assets have generated and will continue to attract significant interest among buyers."

“We are extremely grateful for our collaboration with Tangible IP, as these types of transactions are complex. We dealt with a significant number of sophisticated buyers. Louis’ leadership and advice were crucial in determining the best option for our company,” added Mathieu Audet, Maya-Systems Inc.’s Founder and CEO. “We filed these patents in the process of developing our technology and software. Our patents have been analyzed thoroughly by many potential buyers. We are thus confident that these are strong assets.”.

This transaction constitutes the 5th multimillion dollar patent sale for Tangible IP in 2012 alone and the leading brokerage firm is on quickly approaching the milestone of 2000 patent assets sold.

Tangible IP, LLC specializes in selling high quality patents and has  brokered the sale of close to 2000 assets since its inception. Tangible IP was founded in 2011 by Louis Carbonneau, the former general manager of IP & Licensing at Microsoft™. Tangible IP offers a full service patent brokerage and strategic intellectual property consulting services. For more information, visit www.tangibleip.biz or contact us via email at info@tangibleip.biz or by phone at +1 (425) 213-7252.

Maya-Systems, Inc. was founded in 2002 and is based in Montreal, Canada. The company specializes in developing innovative content management tools. For further details, please consult the following websites: www.maya-systems.com and www.iamorganized.com.

--- End ---

Click to Share

Contact Email:
***@tangibleip.biz Email Verified
Source:Tangible IP, LLC
Location:Seattle - Washington - United States
Industry:Technology, Mobile
Shortcut:prlog.org/12020364
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share