SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

AQUA Licensing to Manage Sale of Second Large Portfolio of Former Nokia and Alcatel-Lucent Telecommunications Patents
[February 07, 2018]

AQUA Licensing to Manage Sale of Second Large Portfolio of Former Nokia and Alcatel-Lucent Telecommunications Patents


AQUA Licensing, a leading patent advisory and transaction firm, has been retained to manage the sale of a second patent portfolio previously owned by Nokia, including patents developed by Alcatel-Lucent (News - Alert) / Bell Labs, Nokia Technologies and Nokia Networks.

This offering follows on the heels of the Telecommunications Portfolio I offering made in August of 2017 via AQUA Licensing. The previous portfolio consisted of 4,260 patent families. To date, buyers have been identified for a significant portion of the initial offering.

The new Telecommunications Portfolio II offering comprises 557 patent families, developed by Alcatel-Lucent / Bell Labs (News - Alert), Nokia Technologies and Nokia Networks.

This portfolio is predominately made up of former Alcatel-Lucent patents, which are around 83% of the assets, including patents from the former AT&T (News - Alert) Bell Labs.

Around 10% of the patent families originated from the former Devices and Services business of Nokia. Though the business was acquird by Microsoft (News - Alert) in 2014, Nokia retained the intellectual property in its Nokia Technologies business.



The remaining 7% of the patent families originated from Nokia Networks, previously Nokia Siemens (News - Alert) Networks, formed in 2007 through a combination of Nokia's networks business and Siemens' carrier-related operations for fixed and mobile networks. Nokia acquired Siemens' share of the business in 2013.

Patents in Telecommunications Portfolio II span seven technology clusters; cellular access and mobile core, components and devices, fixed and IP networking, multimedia and imaging, security, services and applications, and short-range radios and home networking.


"As we continue to optimize our own patent portfolio, we are pleased that AQUA will make a further set of former Nokia patents available to operating companies and startups, enabling them to obtain strategic or defensive IP advantage. We believe AQUA has an innovative approach and we are encouraged by their early success with the first offering," said Ilkka Rahnasto, head of Patent Business at Nokia.

"We're extremely pleased to be working with Nokia again on this next portfolio. The first former Nokia portfolio offered through us back in August generated a great deal of interest, and we're confident that the superior assets in this second Nokia portfolio will offer buyers an exceptional opportunity to obtain significant value and defensive enforcement advantages at a reasonable price," said Mark McMillan, Managing Director of AQUA Licensing.

The portfolio is being made available for cash purchase, in whole or in part, on a first-come, first-served basis. Offers will be considered for large or small lots, although individual families will not be broken.

AQUA will be offering discrete subsets of the purchased assets designed to be of interest to buyers in specific markets. Those interested should contact Info@AQUALicensing.com, or visit www.aqualicensing.com for more details.

About AQUA Licensing, LLC

Based in Silicon Valley, AQUA has a proven track record of assisting companies in gaining the greatest return on investment for their intellectual property assets. AQUA's clients are global technology firms, mid-sized companies, and startups seeking to maximize the return on their R&D investments. AQUA's team includes both senior patent attorneys and business development executives from leading U.S. technology firms with deep expertise in IP strategy, protection, enforcement and licensing.

Those interested should contact Info@AQUALicensing.com, or visit www.AQUALicensing.com.


[ Back To TMCnet.com's Homepage ]







Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy