PicPocket, Inc. undergoes official name-change to "PicPocket Labs"
New organizational structure and name-change reflects broader strategy to facilitate licensing company's IP beyond use in its flagship, consumer-live-events platform.
By: PicPocket, Inc.
Given the applicability of PicPocket's IP to several Enterprise markets, the company has adopted an organizational structure that aims to give strategic-customer-
"The "PicPocket®" brand will continue to refer to the company's consumer-live-
"The name change reflects our focus on R&D and solving real-world problems with an IP portfolio that's blossomed to thirty-plus patents/filings since our 2009 incorporation"
The parent company ("PicPocket Labs") will be the IP rights-holder for the company's IP portfolio and will enter into the necessary licensing agreements with each of its vertically focused, wholly-owned subsidiaries. Each subsidiary will operate its own three-person board of directors with one representative each from PicPocket Labs and strategic-customer-
PicPocket Labs is an early pioneer in geofencing and location-based, content/media IT solutions with offices in Dallas and Austin, TX. The company plans to support broad IP licensing strategies while it develops enterprise services in industries ranging from news, sports, media and entertainment to property and casualty insurance, home and building inspection, agriculture and first-responder networks.
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Page Updated Last on: Dec 10, 2017