AST Members closed 36 deals, which yielded $3.12 million and consisted of 41 patent families with 64 active assets.
PRINCETON, N.J., May 22, 2023 (Newswire.com)
AST, the leader of proactive and collaborative patent defense solutions, reported the positive outcomes of its seventh Industry Patent Purchase Program (IP3). The IP3 initiative connects patent owners with prominent technology companies through a collaborative, fixed-price, fixed-term, and time-limited patent purchase plan.
Similar to previous IP3 programs, IP3 2022 garnered strong interest from not only AST Membership firms, but from individual sellers, brokers, and law firms. Over the course of two months, 40+ AST Members examined over 1,100 submissions from 340 sellers and brokers. Members such as Cisco, Google, Intel, Meta, Microsoft, Oracle, Philips, Snap, Uber, and Verizon,…