Companies often need to strengthen their patent portfolios for cross-licensing negotiations, bringing a lawsuit, or securing freedom to operate. Buying patents is the fastest way to strengthen a portfolio.
A patent purchasing program usually takes 6 months to a year and follows the process described below.
To find patents of interest, we iterate through the following steps:
The output is a list of candidate patents for purchase.
We contact the owners of the identified patents and ascertain if they are willing to sell.
For patents available for sale, the client usually engages legal counsel to give an opinion on the validity of the patent and the scope of the claims.
We then help the buyer negotiate the price and terms and conditions of purchase. The buyer’s name can be kept confidential until late in the purchase process.