Thursday, February 9, 2012

Alcatel-Lucent Expands Patent Licensing

Alcatel-Lucent will offer access to its worldwide portfolio through a licensing syndicate to be formed by RPX Corporation.

Alcatel-Lucent holds approximately 29,000 issued patents relevant to a broad range of technologies, including fixed line and wireless communications, semiconductors, consumer electronics, multimedia, optical, software, cloud computing, applications and network security.

“We have chosen to undertake an innovative approach to realizing the value of our world-class patent portfolio, and while retaining ownership of our patents, we seek to expand access to them for a diverse set of industries. For a breakthrough arrangement of this scale, we have decided to work with RPX, a known and respected expert in the patent market,�? said Alcatel-Lucent CEO Ben Verwaayen. “We believe that RPX’s model encourages an environment where owners and users of intellectual property have the benefit of transparency and fair pricing. We expect to generate substantial proceeds from this arrangement.�?

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