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GTT Group to Sell Internet of Things Patent Portfolio

Global Technology Transfer Group, Inc. (GTT Group), the premier provider of patent brokerage and patent transaction advisory services to information and communication technology companies worldwide, announces the availability of a patent portfolio related to Internet of Things that provides an innovative approach for discovery of, and communication between, devices in a connected environment.

The Internet of Things portfolio contains two issued U.S. patents and one U.S. application. The patents focus on an application program interface (API) that supports applications for consumer electronic devices, for instance in a Connected Home. The claimed API allows users to have multiple connected devices from different manufacturers and still allow them to communicate and coordinate with each other. The portfolio has a priority date in 2011 and an expected life extending for 15 years.

“The claimed API utilizes multiple discovery protocols and topic-based conversations to enable dissimilar connected devices to discover and communicate with one another,” said GTT Group Director of Asset Services, Andrew Godsey. “This reduces the burden on developers and provides end-users with a truly connected experience.”

GTT Group has prepared materials to illustrate the value of the portfolio. To receive more information about this opportunity, please contact Andrew Godsey. All inquiries will be kept confidential.

GTT Group will approach potential buyers and provide materials explaining the strategic advantages of acquiring the portfolio. In addition, GTT Group’s experts will be available to discuss the strengths of the patents and evidence of use in the market. The portfolio will be sold at a private auction in June 2016.

GTT Group IoT Patent Portfolio Website Summary

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