Technicolor’s chief IP officer Arvin Patel will depart the French firm to take up the same post at media and entertainment tech company TiVo. Deirdre Leane – perhaps best known as former head of controversial patent monetisation business IPNav – will take over much of Patel’s role at Technicolor.
Japanese corporates have historically eschewed patent monetisation; a deep-seated ‘not invented here’ syndrome and a fear of feeding ‘trolls’, combining to negate most motivations for selling IP assets.
But attitudes change – particularly when the economic going is tougher than ever.
WiLAN announced last week that it will shift from being a patent pure play to become a diversified holding company, enabling it to invest in businesses beyond IP monetisation. While the Canadian NPE is not exiting the scene altogether, its move represents another blow for the secondary market after Intellectual Ventures (IV) confirmed the cessation of its patent buying activities earlier this month.
Intellectual Ventures (IV) has confirmed to IAM Magazine that it is winding down acquisitions for its most recently established patent aggregation fund. The impending exit of the patent market’s top buyer could have a significant impact on pricing and deal flow in the wider marketplace.
Intellectual Ventures (IV) was the top buyer of brokered patents in the fourth quarter of 2016, according to data from ROL Group, a Californian IP law and strategy firm and an IAM Market vendor. This ratcheting-up of buying activity represents a return to sorts for IV, which has been a much quieter participant in the secondary market of late as compared to times gone by.
The findings of recent research from IP analytics firm Darts-ip suggest that China and Germany are the top two jurisdictions for non-practising entities (NPEs) that are asserting their patent rights.
In a major deal announced last week Intellectual Ventures (IV) will transfer over 1,000 patent families that had originally been assigned to Kodak to Dominion Harbor.
Patent aggregation and investment firm Intellectual Ventures (IV) has been through its fair share of ups and downs over the past few years. It has begun to edge closer to positive returns for its shareholders, has successfully spun out a number of businesses and has entered into a number of forward-looking industry partnerships.