SAN FRANCISCO, Jan. 24, 2019 /PRNewswire/ -- RPX Corporation today announced that it secured licensing rights for 10 companies to 595 semiconductor-related patents owned by Godo Kaisha IP Bridge 1 (IP Bridge).
"As the nature of patent risk evolves, RPX continues to play a pivotal role in bringing companies together to resolve costly and time-consuming patent problems with greater efficiency than any one company can achieve on its own," said Dan McCurdy, Chief Executive Officer of RPX. "RPX's resources, patent knowledge, and deep ties to industries worldwide uniquely position us to complete complex transactions such as this and to resolve patent-related issues that impact entire industries."
"Working with RPX allowed us to more efficiently resolve these ongoing patent licensing disagreements and to deliver a result upon which both IP Bridge and these various semiconductor companies could agree," said Hideyuki Ogata, Executive Manager of IP Bridge. "IP Bridge welcomes any investor or corporation with their patents if it may contribute to IP Bridge's mission of promoting open innovation."
The companies receiving licenses to the IP Bridge semiconductor portfolio represent major companies in various segments of the semiconductor ecosystem.
RPX Corporation is the leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents and patent rights, RPX helps to mitigate and manage patent risk for its growing client network.
As of December 31, 2018, RPX had invested over $2.4 billion to acquire more than 43,000 US and international patent assets and rights on behalf of approximately 320 clients in eight key sectors: automotive, consumer electronics and PCs, E-commerce and software, financial services, media content and distribution, mobile communications and devices, networking, and semiconductors.
ABOUT IP BRIDGE
IP Bridge is focused on promoting technological innovation and cooperation within Japan and around the world. IP Bridge has worked with investors worldwide, from 26 major global corporations to the Japanese Government, to establish the first and largest fund in Japan (approximately $300M) aimed at global innovation and IP-related investments. IP Bridge's mission is to discover, activate and leverage high-quality, under-utilized intellectual property assets to the benefit of a variety of IP owners based in and outside of Japan. IP Bridge's vision is that these activities will stimulate economic development and a healthy growth of industries worldwide.
IP Bridge actively engages leading technology companies, small and medium size enterprises (SMEs) and universities to build large and high-quality portfolios of 3,500 worldwide patents that are growing. These portfolios are in the fields of wireless communications, semiconductors, video codecs, display technologies, automotive technologies, robotics, home appliances, electric devices, healthcare, environment and energy, food technologies, and medical engineering.
SOURCE RPX Corporation