ZTE revealed as vendor of Chinese patents sold to NPE set up by ex-Acacia executives 12 May 17
ZTE is the “major Chinese telecom equipment and smartphone manufacturer” that agreed to sell a patent portfolio – including, significantly, a number of China-only patent families – to Texan NPE Longhorn IP earlier this year, new USPTO records reveal. The transaction appears to be ZTE’s first confirmed sale of assets to a patent assertion entity, indicating the company’s aspiration to generate more value from monetising its vast IP portfolio.
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