Patents that cover or “read on” existing or emerging technologies can have significant value, but aside from a sale of the asset, which leaves the majority of the value to be tapped by the acquirer, the value of the patent asset can only be realized through licensing or enforcement. Since enforcement is a risky and costly proposal, which also puts the patent asset at risk and can leave the patent holder open to counterclaims, licensing is frequently preferable. TPL’s team guides its clients through all phases of licensing and maximizes the possibilities for revenue generation.
Do the claims map to current products? TPL provides analysis, from inspection of product literature through detailed reverse engineering, to determine if the claims cover or “read on” the products. In conjunction with our clients’ internal and external legal teams, TPL determines how strong a case can be made for the patent on the various products of the target company.
Properly conveying that a patent is being utilized and covers a significant royalty base is a critical part of a licensing campaign. The potential licensee needs to be rapidly convinced that a portfolio should be licensed to avoid costly and lengthy disputes. However, overreaching statements about a patent’s coverage or worth will be rapidly detected by the licensee’s team. TPL develops licensing materials for its clients that accurately convey the real strengths of a portfolio.
TPL’s team, with dozens of years of negotiating, licensing, and litigation experience, can appropriately present your patent portfolio to licensees in the most effective ways to compel licensing while avoiding litigation. TPL works with you to reduce the risks in patent licensing, while maximizing the revenues.