IP3 results announced – more than $5.3 million spent with an average price of $96,000 per patent family 03 Nov 16
AST announced the results last week for the Industry Patent Purchase Promotion (IP3), the initiative backed by 21 companies designed to give patent owners a quick and easy way of selling their patents. The headline numbers are that IP3 made 56 offers to purchase 107 active patent filings at an average price per family of $96,000. The total expenditure was over $5.3 million with the purchase prices ranging from $10,000 to $325,000.
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