GTT’s Patent Acquisition Service achieves a variety of strategic goals for our corporate clients. GTT's acquisition service ranges from identifying compelling asset acquisition opportunities to completing the transaction on our client's behalf. GTT is a complete outsource solution for our client's patent asset acquisition requirements. A client may use the service to rapidly develop or supplement its existing patent portfolio, protect or strengthen its position in litigation, and/or obtain a strategic position relative to competitors. Patent acquisition is often used as a preemptive tool to minimize the threat of impending litigation and/or decrease licensing related outflows. A client will often wish to remain anonymous when trying to bolster its patent portfolio and GTT can act as a representative in this process. In many instances the client is looking for GTT to contact the patent owner and establish valuation and appropriate terms for acquisition.
Our Patent Acquisition Service is a gated milestone-based process providing a flexible solution to the client within a pre-defined and approved budget. GTT works closely with the client during each phase of the acquisition process.