Archive for April, 2019

First Quarter 2019 Review & Market Outlook Released by GTT Group, Inc., Including the Q1 2019 Patent Market Index (PMI®)

Monday, April 29th, 2019

Global Technology Transfer Group, Inc. (GTT Group), the world leader in strategic patent analysis and patent transaction services, today makes available the First Quarter 2019 Patent Transaction Market Report including Patent Market Index (PMI®) and Patent Licensing Index (PLI®) results.

The PMI rose to 104.46 during the first quarter of 2019, a 10.7% increase over fourth quarter 2018 results and constitutes two quarters of upward trend. With the first quarter index, the PMI is also over 100 for the first time since Q2 2016.

The PLI increased by 44.9% during the first quarter of 2019, offsetting the drop of 41.2% seen during 2018. The S&P 500 increased in Q1 2019 by 12.92%, not quite matching the decrease of 14% in Q4 2018. The PLI continues to underperform the S&P 500 over a 12 month period by over 8 basis points.

Monitored secondary patent assignment volume rose to 1,908, a 7.6% increase over fourth quarter 2018 results and the highest volume since Q1 2018. This increase tracks with the historical seasonal trend in patent activity.

“Market volatility as a function of the PMI will remain low over the next several quarters,” according to Michael Lubitz, Founder and Managing Director of GTT Group. “We expect slow and steady growth in the PMI. Smaller strategic transactions will continue to drive the majority of PMI growth.”

Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. Immediate updates on specific patent deals are also available using GTT Group’s Patent Deal Alert Service through subscription. GTT Group makes this information available as a courtesy to the community.

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Reel/Frame: 048981/0680

Tuesday, April 23rd, 2019
Buyer: INTUITIVE SURGICAL OPERATIONS, INC. - Seller: VOYAGE MEDICAL, INC. Transaction Size: Small - Date Recorded: Wednesday, April 24, 2019 - Reel/Frame: 048981/0680

Reel/Frame: 048966/0639

Monday, April 22nd, 2019
Buyer: CANON MEDICAL SYSTEMS CORPORATION - Seller: TOSHIBA MEDICAL SYSTEMS CORPORATION Transaction Size: Small - Date Recorded: Tuesday, April 23, 2019 - Reel/Frame: 048966/0639

Reel/Frame: 048971/0804

Monday, April 22nd, 2019
Buyer: SANDISK TECHNOLOGIES, INC. - Seller: FUSION-IO, LLC Transaction Size: Small - Date Recorded: Tuesday, April 23, 2019 - Reel/Frame: 048971/0804

Wrench.AI Partners with GTT Group’s Patent Equity Fund, Ideaship, to Provide Personalized AI Experiences at Scale

Monday, April 22nd, 2019

Salt Lake City, Utah—April 22, 2019—Wrench.AI today announced it has received a seed investment from Ideaship, a patent capital fund that provides fundraising support for early stage startups. The investment will support Wrench.AI’s efforts to patent the AI technology that drives its marketing and sales platform.

Ideaship is a collaboration between Global Technology Transfer (GTT) Group and Panasonic Intellectual Property Corporation of America (PIPCA). The fund works with startups developing transformative technologies to articulate their patent value, and provides they capital they need to finance patent filings, a costly process that can take up a significant percentage of a startup’s operating budget.

“We recognized in the Wrench.AI platform’s technology has the potential to dramatically alter the way marketing and sales teams segment their data, apply lead scores, and develop marketing and sales campaigns, allowing them to save time, money, and add personalization at scale,” said Michael Lubitz, founder and managing director of GTT Group and Ideaship co-founder.

“Wrench.AI technology looks to change the nature of communications as a key industry driver for marketers. We look forward to seeing the impact and influence the platform will generate”, echoed Masa Murayama, Ideaship Co-founder and Director of Open Innovation for Panasonic Intellectual Property Corporation of America.

“It’s a privilege to be partnering with the Ideaship team,” said Dan Baird, CEO of Wrench.AI. “Every team member has been a pleasure to work with. That a team with this much patent experience sees the opportunity in our novel approach is just humbling. We look forward to learning from these IP experts and to a long-term relationship.”

About Wrench.AI

Wrench.AI, a B2B2C startup founded in 2017, is based in Salt Lake City, Utah. We’re changing the game with our machine and deep learning technology by empowering your marketing, sales, and support teams to quickly uncover meaningful insights, kickoff relationship-building and personalization initiatives, and scale them—all without compromising users’ trust. For more information, please visit https://wrench.ai.

About Ideaship

Ideaship is comprised of world-renowned experts at understanding, articulating, and activating patent value. Ideaship maximizes the potential of an enterprise’s value in relation to fundraising, go-to-market, and acquisition or IPO. Ideaship combines the wisdom and experience of GTT Group’s patent analysis, valuation, and monetization practices with PIPCA’s world-leading patent department. For more information, please visit https://www.ideashipfund.com.

Reel/Frame: 048958/0983

Sunday, April 21st, 2019
Buyer: BRIGHT OCEANS INTEL-TELECOM CO., LTD. - Seller: BOCO SILICON VALLEY, INC. Transaction Size: Small - Date Recorded: Monday, April 22, 2019 - Reel/Frame: 048958/0983

Reel/Frame: 048947/0592

Thursday, April 18th, 2019
Buyer: RPX CORPORATION - Seller: ZIILABS INC., LTD Transaction Size: Small - Date Recorded: Friday, April 19, 2019 - Reel/Frame: 048947/0592

Reel/Frame: 048940/0678

Thursday, April 18th, 2019
Buyer: RPX CORPORATION - Seller: BRE COMMUNICATIONS, LLC Transaction Size: Small - Date Recorded: Friday, April 19, 2019 - Reel/Frame: 048940/0678

Reel/Frame: 048940/0484

Thursday, April 18th, 2019
Buyer: FACEBOOK, INC. - Seller: LEAPMIND INC. Transaction Size: Small - Date Recorded: Friday, April 19, 2019 - Reel/Frame: 048940/0484

Reel/Frame: 048942/0162

Thursday, April 18th, 2019
Buyer: URBAN INTEL, INC - Seller: LIBERTY PLUGINS, INC Transaction Size: Small - Date Recorded: Friday, April 19, 2019 - Reel/Frame: 048942/0162