This year's program will solicit patents for sale at a fixed price from an extensive group of technology areas. These 16 categories that can be found below have been arranged by priority of what they would like to see:
- Automotive/ Mobility
- Semiconductor Equipment & Manufacturing
Computer Software & Hardware - Cloud Computing & Web Services
- Advertising & Content Distribution
- Artificial Intelligence (AI) & Machine Learning (ML)
- Augmented (AR) & Virtual Reality (VR)
- Internet of Things (IoT) & Smart Home
- Wireless & Telecommunication
- Blockchain & Financial Services
- Retail & Ecommerce
- Health Tech & Healthcare IT
- Medical Devices & Imaging
- Location-Based Services (LBS)/ Navigation
- Industrial & Manufacturing
- LED Lighting & Optoelectronics
Last year's IP3 program received submissions from 261 sellers, and AST acquired 34 patent portfolios for
"This is our seventh IP3 program, and each year brings new sellers and patents of interest to our Members. These fixed-priced, fixed-term programs offer a lot of advantages for both sellers and buyers, and we look forward to another successful program," said
Binns added: "We often hear from our Members that having the opportunity to participate in programs like IP3 provides a unique opportunity to take advantage of group thinking and the wisdom of the crowd when it comes to purchasing patents, and makes for an efficient, productive buying experience. We strive to provide an easy, fast and efficient process that benefits both our Members' businesses and the patent seller community."
How to Submit Patents for Sale
Patent sellers and brokers are welcome to submit their patents for sale at a price they set via the AST IP3 portal: www.ast.com/IP3 from
AST's preference is to review new patent portfolios, although sellers who already submitted their patents to AST's Standard program, where the price is negotiable, can also participate in IP3 2022 by transferring their submission. For additional information on how to transfer the submissions, contact them at ip32022@ast.com.
At the end of the submission period, AST and the Members will review all the submissions and let the submitters know whether there is interest in a purchase or not by
To obtain more detailed information about IP3 2022, please visit ast.com/IP3. All pertinent IP3 documents, such as the applicable patent assignment agreement and terms and conditions can be downloaded from the website. Participating sellers are encouraged to consult with an attorney prior to their submission to fully understand the terms and conditions of this program. Throughout this process, AST reserves the right not to transact for any reason. For any other questions, please visit website or send email to ip32022@ast.com.
About AST
AST was founded in 2007 by four global high-tech companies as a member-driven cooperative to mitigate patent risk and to operate with no profit motive. AST serves the world's most innovative and recognized technology companies through the cost-sharing acquisition of patent rights; provides access to the most comprehensive database of patents offered in the secondary market; offers Quarterly Market Insights reporting; and facilitates a community for IP thought leaders to interact and form business relationships.
AST's Members include over 40 top global companies from a wide range of industries including Avaya, Cisco, Dolby, Google, Honda, IBM, Intel, Meta, Microsoft, Oracle, Philips,
Related Images
Image 1: www.ast.com
AST
This content was issued through the press release distribution service at Newswire.com.
Attachment
- www.ast.com
www.ast.com
www.ast.com
2022 GlobeNewswire, Inc., source