Avanci announces pricing for auto sector – range from $3 to $15 per car 14 Dec 17
Avanci, the platform headed by former Ericsson CIPO Kasim Alfalahi focused on licensing wireless technology into different verticals in the Internet of Things (IoT), has published its royalty rates for car companies. Licensees will be expected to pay between $3 and $15 per car depending on the level of wireless technology in the vehicle. The news comes a little over a week since Avanci announced that German car giant BMW had signed up as its first licensee.
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