Latest Breaking News On - Patent purchase program - Page 1 : comparemela.com

Share this article Share this article NEW YORK, March 9, 2021 /PRNewswire/  AST, the member-driven leading provider of proactive and collaborative patent defense solutions, today announced the results from IP3 2020, a fixed price, fixed term, collaborative patent buying program. IP3 2020 is the latest iteration of AST s Industry Patent Purchase Program (IP3), which provides patent owners access to dozens of leading technology companies by streamlining the process of selling patents with a fixed price, rapid response model. Similar to previous IP3 programs, IP3 2020 attracted strong interest from both patent sellers and Members, with over 1,300 submissions and 18 Operating Companies collaborating on purchases. Participants in IP3 2020 included Cisco, Facebook, Google, Intel, Lyft, Microsoft, Oracle, SAP, Snap, Twitter, Uber, and Verizon, among others, with $2.85 million spent to acquire 31 patent families.

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