Selling patents that are no longer core to your business makes good business sense. But the selling process can be challenging, especially when you consider that patents are one of the most difficult assets to assign a value. UBM TechInsights has been analyzing patents and technology for close to three decades making us uniquely qualified to assist organizations looking to sell a portfolio, or even a single patent.
Our team of experienced brokers employs best practices to ensure clients get the maximum value for their patent assets. The steps followed include:
- Characterize the portfolio – analyze the patents and select the best ones for detailed Evidence-of-Use charting.
- Create an “Opportunity Summary” that highlights the details of the patented technology, how the claims cover targeted markets, and why the portfolio is compelling to the right buyer.
- Assemble the critical data buyers will want to review including file wrappers, EOU charts, the opportunity summary, market value information, news clippings, patent family tree charts, etc. UBM TechInsights houses all of this information in a secure Virtual Data Room.
- Identify and contact potential buyers. NDAs are required for any interested buyer wishing to see EOU information.
- Manage a two-stage bidding process which generates bid tension among possible buyers and culminates in our presenting to you the leading acquisition proposals - our brokerage team works with you right to the end to ensure Patent Purchase Agreements are completed, you get paid, and the buyer is assigned the patents.
Throughout our engagement with you we conduct all of our activities on a Success Fee basis so that we get paid only after we have been successful in assisting you with the divestiture of your portfolio. In this regard our goals are completely aligned. If you are interested in selling a single patent or a large portfolio, contact us so we can help you to achieve your business objectives.