MediaTek Licenses Patent Portfolio From IPValue Management
SANTA CLARA, Calif.--(BUSINESS WIRE)--May 21, 2019--
IPValue Management, Inc. (“IPValue”) today announced that MediaTek, Inc. (“MediaTek”) has signed a worldwide, non-exclusive patent license agreement with IPValue’s subsidiary Future Link Systems, LLC (“FLS”). MediaTek is a global leader and innovator in chipset technology for mobile phones, smart TVs, voice assistant services (VAD), Android tablets, feature phones, and optical and Blu-ray DVD players.
IPValue’s FLS portfolio contains approximately 200 patents issued in nine countries across North America, Asia, and Europe. The patents were originally assigned to NXP Semiconductors, Inc. and Philips, Inc. and cover fundamental semiconductor circuit designs and manufacturing process technologies. These patents relate to a variety of concepts, including data interconnects and interfaces, which enable computer and network architectures, gaming devices, mobile phones, processors, semiconductor memory, and other integrated circuit functionality.
“We are pleased to have licensed the FLS patent portfolio to MediaTek on mutually agreeable terms. This agreement reinforces our belief that a constructive and open dialog with potential licensees can result in an amicable deal,” said John Lindgren, CEO of IPValue. MediaTek joins a growing list of licensees to the FLS portfolio that include four of the top ten semiconductor companies in the world.
About IPValue Management
IPValue’s mission is to fuel innovation by working with leading technology enterprises to generate revenues from their IP portfolios. Since inception in 2001, IPValue has generated over $2B in cash from patent licenses, resulting in $1B to its partners. IPValue currently owns and manages the commercialization of over 7,000 patents. For more information, visit www.IPValue.com.
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CONTACT: George Park
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE NETWORKS SEMICONDUCTOR MANUFACTURING OTHER MANUFACTURING
SOURCE: IPValue Management, Inc.
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PUB: 05/21/2019 09:00 AM/DISC: 05/21/2019 09:01 AM