Patent Mining

Locating appropriate patent assets, either within an existing portfolio, or in the realm of issued patents, requires both technical insight and specific knowledge of patent claims and how they are interpreted and applied. TPL’s team of patent analysts creates a mining strategy which allows for the rapid identification of potentially valuable assets, quick analysis of those assets, and refinement of the list of candidate assets. Our iterative approach to mining, supported by our proprietary iPatents patent mining software, allows us to hone in on the most valuable assets and specially analyze the strengths of those particular patents. Our acquisition specialists then work with the sellers to negotiate a reasonable price and to acquire the asset.

Patent Identification

Going through hundreds or even thousands of patents to find the “right” ones is an expensive proposition, but necessary to find the hidden gems in a portfolio, or to find assets to acquire. TPL’s claims-based analysis allows us to iteratively mine a portfolio and allocate resources to the most promising assets. Whether for an internally owned portfolio, or for acquisition of assets, our mining methodology, supported by our proprietary iPatents patent mining software, is time tested and effective.

Patent Acquisition

In instances where our clients are building a portfolio, mining can be performed to find potentially valuable assets and to determine which of those assets can be acquired at a reasonable price. TPL’s acquisition specialists work with prospective sellers to determine reasonable prices, and motivate sellers to part with patent assets they are not utilizing. Our acquisition specialists work with our patent analysts to counter proposed seller valuations, and to keep the sellers’ expectations reasonable.