Michael J Cannata

Principal at Patent Monetization Inc

Michael J Cannata is the founder of Patent Monetization Inc (PMI), a firm specialising in the monetisation of patents through sale, licensing or litigation. PMI also provides strategic advisory services, sources litigation financing and manages patent litigation on behalf of its clients. Clients advised by Mr Cannata have received court-ordered awards in excess of half a billion dollars.

Mr Cannata has been involved in the monetisation of patents since 2002 and is a named inventor on five patents. In 2005 he advised Northwater Capital Management on the establishment of an IP fund that was a pioneer in patent litigation financing. Through this fund, Mr Cannata managed patent litigation investments made by the fund and was responsible for the fund’s investment in the i4i v Microsoft patent litigation. Mr Cannata managed this high-profile litigation, resulting in a $290 million judgment for i4i, upheld by the US Court of Appeals for the Federal Circuit and concluded by a US Supreme Court decision which saw i4i successfully defend – for the benefit of all patent owners – the clear and convincing evidence standard required to invalidate a patent.

Mr Cannata is an entrepreneur with a proven track record as CEO of multiple start-up and early-stage technology companies. As CEO of a financial services software company, he created value for shareholders through an M&A transaction with OpenText Corporation, where a strategic patent asset was the key driver for the acquisition. After the acquisition, he assisted in developing an IP programme and patent licensing programme for OpenText. As president of Cybermation Inc, a systems management software company, his executive leadership skills were recognised as the company was consistently named one of the 50 best-managed private companies in Canada.

Mr Cannata has extensive experience in strategically designing and implementing patent licensing/litigation programmes that create monetisation value for patent owners.

IAM has recognised Mr Cannata as a world-leading IP strategist since the inception of the programme in 2009.

IAM says

Michael Cannata has an instinctual feel for the strategic importance and role of patents in a company’s business and is extremely creative in structuring deals and overcoming obstacles that could otherwise scupper a key transaction. His interpersonal and communication skills are also top-notch.

Sectors

  • Brokering
  • Finance
  • IP management consultancy
  • IP-backed lending
  • Licensing
  • M&A
  • Technology transfer
  • Valuation

Firm details

Patent Monetization Inc
Bay Adelaide Centre
East Tower
22 Adelaide Street West
Suite 3600
Toronto ON M5H 4E3
Canada

Contact details