The Case for Acquiring Patents
Hello all,
If the health of the IP market is directly correlated to the number of offers received on patent portfolios available for sale then, I would say our patient is doing much better than 6-12 months ago. We have, in recent months, received numerous offers on various portfolios that we have had available for up to a year in some cases. Furthermore and to bolster our own view of the world, the latest sales data released by ROI is showing a definitive increase in asking price that is starting to solidify in 2019 and which presages of higher valuations to come. Their data show that in 2019, “the average asking price per asset rebounded significantly, shooting up 56% from $124,000 per asset to $194,000. The asking price per US-issued patent also increased sharply by 58% from $177,000 to $280,000. The asking prices have returned to 2015 and 2016 prices.” In short; it is not going to be a buyers’ market for much longer. So, hurry up!
In this regard, I have often written about the multitude of reasons why it makes little sense for patent owners to sit on patent assets (while paying expensive maintenance fees) with no thought to long term strategy. Whether the goal is to monetize non-core assets, let someone else assert the patents without any of the risks of retaliation or bring some non-dilutive capital while avoiding the long and expensive march that litigation brings forth, the reasons to sell one’s patent abound.
But when you flip the narrative and look to why someone is looking to acquire, the answer is... [Read the full article here]
New Portfolios For Sale:
We have several patent portfolios for sale, most of them with detailed evidence of use (EoU). To see all available portfolios, or to submit patents for a free evaluation, visit our website.
We have been retained as one of the top 4 brokerage firms worldwide that will be allowed to list our portfolios on offer to the IAM Market platform. Click here to view our current listings.
Recently Completed Transactions:
While marketing the assets for sale, Tangible IP recently secured a license for the owner of a Multi Factor Authentication patent portfolio.
While marketing the assets for sale, Tangible IP recently secured a license for the owner of a Remote Desktop Virtualization Software patent portfolio.
While marketing the assets for sale, Tangible IP recently secured a license for the owner of a Marketing Automation Software patent portfolio.
While marketing the assets for sale, Tangible IP recently secured a license for the owner of a Mobile Banking and Image Submission patent portfolio.
Recently Completed Advisory Projects:
We recently completed several advisory projects for clients, including a couple of Freedom to Operate (FTO) analyses in the med tech and clean energy spaces, respectively. We also conducted a detailed patent valuation project for a multi-thousand patent portfolio comprised mostly of Chinese assets. Finally, we completed a comprehensive IP Strategy project for both the National Research Council Canada and a startup company in the drone delivery business.
