BELLEVUE, Wash., Jan. 8, 2014 /PRNewswire via COMTEX/ -- Intellectual Ventures (IV) announced today that it has signed a license agreement with Seiko Epson Corporation (Epson). The deal provides Epson with a license to IV's extensive patent portfolio of more than 40,000 IP assets.
"As consumer electronics evolve to include a vast number of integrated technologies, it's important for technology companies to maintain access to a wide array of patents. By working with IV, Epson can strengthen its IP strategy to address that issue," said Andy Elder, Executive Vice President of Global Licensing at Intellectual Ventures. "Intellectual Ventures offers an efficient way to access the invention rights companies need to stay competitive within the market."
IV provides a variety of solutions for companies seeking to develop and enhance their IP strategies. Companies of all sizes can rely on IV to meet their current business needs and to provide guidance on developing and acquiring invention rights relevant to their product roadmaps. In addition to traditional IP licensing deals, companies can work with IV's in-house inventors and its network of more than 4,000 inventors and its relationships with nearly 400 institutions, including many leading universities, around the world to help bridge the invention gap between the invention rights a company may already have and the invention rights a company may need.
About Intellectual Ventures Founded in 2000, Intellectual Ventures (IV) is the global leader in the business of invention. IV collaborates with leading inventors, partners with pioneering companies, and invests both expertise and capital in the process of invention. IV's mission is to energize and streamline an invention economy that will drive innovation around the world. For more information, please visit www.intellectualventures.com , follow IV on Twitter at @IVinvents and "like" IV on Facebook at facebook.com/intven.
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SOURCE Intellectual Ventures