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Fundamental Innovation and RPX Conclude Licensing Agreement for USB Charging PatentsFLOWER MOUND, Texas, Nov. 6, 2019 /PRNewswire/ -- Fundamental Innovation Systems International ("Fundamental") announced today they have entered into an agreement with RPX Corporation ("RPX"), the world's leading patent risk mitigation firm, that provides a license to a subset of RPX Members covering a portfolio of approximately 200 patent assets owned by Fundamental. The deal also gives RPX a time limited ability to extend sublicenses to additional unlicensed entities. The Fundamental patents relate to advanced USB charging technologies invented and developed by Blackberry (formerly Research In Motion) that are now ubiquitous for a wide range of consumer electronic devices. "This transaction is an excellent example of how patent owners can work effectively and efficiently to resolve ongoing licensing disputes with sophisticated companies," said Paul Seaman, CEO of Fundamental. ABOUT FUNDAMENTAL For additional information, please visit: www.fundamentalinnovation.net Media Contacts: View original content:http://www.prnewswire.com/news-releases/fundamental-innovation-and-rpx-conclude-licensing-agreement-for-usb-charging-patents-300953171.html SOURCE Fundamental Innovation Systems International |