First results of IP3 buying spree show up in USPTO database; sellers included Korea’s Intellectual Discovery 27 Sep 16
The Industry Patent Purchase Program (IP3), the initiative launched in May by AST and a group of major operating companies which was designed to give patent owners a quick and simple way to sell their patents, has bought 78 US patent applications and grants according to data from the USPTO’s assignment database. There is no indication if that is the final total of patents sold, although with payment due to the successful sellers by the end of this month, the picture should become much clearer in the next few weeks.
Want to read more?
Register to access two of our subscriber-only articles per month
Subscribe for unlimited access to articles, in-depth analysis and research from the IAM experts
What our customers are saying
IAM is the only publication that places a business focus on intellectual property. Readers are given real insight into, and guidance on, managing intellectual property as a true business asset.
Reed Smith LLP
Subscribe to receive access to the full range of premium business intelligence, insights and analysis, as well as our IP directories, guides and daily news.
Register for more free content
- Read more IAM blogs and articles
- Receive the editor's weekly review by email