Vitek IP Announces the Availability of Enhanced Networking Patent Portfolio

 
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Circadence Portfolio Snapshot
Circadence Portfolio Snapshot
PORTLAND, Ore. - Feb. 13, 2020 - PRLog -- Vitek IP, LLC announced that they are the exclusive representative to sell a broad portfolio of patents from Circadence, a leading network cybersecurity provider.

The Enhanced Networking patent portfolio contains 45 patents within 5 patent families and covers significant technology related to enhanced network links and management tools with priority dates as early as 2001. The patent owner has spent over $30 million in R&D and patent development over the last twenty years. The 42 issued U.S. patents and 3 U.S. application are applicable to numerous markets including wireless telecommunications, web communication, robust data transfer, cloud infrastructure and network administration, and network traffic monitoring.

The patent portfolio is directed toward technologies being implemented by major market players. Key patent families are applicable to cloud infrastructure tools currently utilized in the market. Essential features covered by the Enhanced Networking patents include network traffic monitoring, network optimization, and network optimization features provided by the majority of cloud providers. The broad scope of the patents additionally incorporates wireless communication technologies, including essential applicability to the Mobile WiMAX 802.16e standard. Given the breadth of networking and wireless communication applicability, the early priority dates, and the size of the portfolio, the Enhanced Networking patent portfolio exhibits inherent market value amongst industry leaders and beyond, both for corporations expanding their technology holding and organizations looking to further monetize their patented inventions.

The Enhanced Network patent portfolio is being offered to a limited number of potential buyers. Offers for the patents will be reviewed as they are received, and the patent owner intends to finalize a transaction by the end of Q2 2020. To receive an overview of the portfolio or detailed market materials, contact us via email at info@vitek-ip.com. Detailed Evidence of Use materials are also accessible under NDA.

About Vitek IP, LLC. Founded by a team with over four decades of experience in IP and tech, Vitek's patent consultancy, brokerage group, and research organization provides clients exceptional guidance navigating the patent landscape. Vitek team members have developed and managed hundreds of patent transactions for the world's largest telecommunications, software, and computer companies. For more information, visit www.vitek-ip.com.

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