Tangible IP Secures License For Seller Of Marketing Automation Software Patent Portfolio
Portfolio Still Available For Sale or Additional Licenses
Seattle – JUNE 10, 2018. TANGIBLE IP, LLC, an international patent brokerage and intellectual property advisory firm headquartered in Seattle with over 3000 patents successfully brokered, announced the limited licensing of a patent portfolio pertaining to Marketing Automation Software, belonging to Trident Holdings, Inc. The identity of the licensee nor financial details of the agreement could be disclosed. This license provides further validation to the scope and relevance of the Trident portfolio with respect to the marketing automation software technology space. The portfolio proves its foundational value with a staggering number of forward citations, well over 870 to date. The portfolio remains available for sale to others and highly relevant to industry, as it is widely practiced by a number of industry leaders. It should be noted that the above license was voluntary and occurred as a result of Tangible IP’s outreach to sell the portfolio and did not involve any assertion related activity.
“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, said Shawn Adams, President of Trident Holdings. "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. 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”, added Adams.
“Each day we can bring parties together without having to assert patents is a good day”, said Louis Carbonneau, CEO & Founder of Tangible IP. “Offering patents for sale rather than trying to assert them offers us the opportunity to have candid discussions with industry players who may benefit from either acquiring or licensing the assets and it was allowed our client in this case to enter into a mutually beneficial license agreement in a matter of weeks, in a very amicable context. We could not feel more gratified than providing value this way, while retaining the ability to enter in subsequent transactions of the same nature.”
To receive an executive summary and relevant industry use information for this portfolio, please inquire at [email protected].
Tangible IP, LLC specializes in selling high quality unencumbered patents and has now brokered the sale of over 3,000 patent assets since its inception and has returned tens of millions of dollars back to inventors, shareholders, and patent owners.
ABOUT TANGIBLE IP, LLC. Founded in 2011 by former Microsoft GM of IP & Licensing, Louis Carbonneau, Tangible IP offers full service patent brokerage and strategic IP advisory services. For more info, visit www.tangibleip.biz or contact us via email at [email protected] or by phone at +1 (425) 868-9280.
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