• July 23, 2019

The Avanci Licensing Platform Adds SK Telecom, ASUSTeK and Datang Mobile as New Patent Owners - Odessa American: Business

e-Edition Subscribe

The Avanci Licensing Platform Adds SK Telecom, ASUSTeK and Datang Mobile as New Patent Owners

Print
Font Size:
Default font size
Larger font size

Posted: Wednesday, July 10, 2019 5:01 am

DALLAS--(BUSINESS WIRE)--Jul 10, 2019--

Avanci announced the addition of three new patent owners — SK Telecom, ASUSTeK Computer, and Datang Mobile — to its licensing platform, bringing the total number of patent owners participating in the Avanci licensing platform to 28. The essential patent portfolios of these three companies, which include a multitude of 2G, 3G, and 4G standard essential patents, will now be available through Avanci’s one-stop marketplace.

“We are excited to have SK Telecom, ASUSTeK and Datang Mobile join the Avanci platform. The addition of these three new patent owners represents the continued adoption of Avanci’s one-stop marketplace in Asia and signals a real change in the licensing landscape,” said Kasim Alfalahi, founder and chief executive officer of Avanci. “Avanci is continuing to drive simplicity and value for IoT licensees by offering joint licenses at a fair, flat rate that will not increase over the term of the license, even as the number of patent owners in our platform continues to grow.”

Avanci’s one-stop marketplace simplifies the way companies share technology by licensing intellectual property from many different patent holders in a single transaction. By streamlining the technology sharing process, Avanci is accelerating the growth of the Internet of Things by providing IoT manufacturers with an efficient and transparent way to access the wireless technology needed to bring their products online.

About Avanci

Avanci has a vision that sharing technology, on a broad scale for the Internet of Things industry, can be simpler. Our connected world is evolving quickly – and we want to help it all happen even faster. Our one-stop solution keeps the success of the ecosystem squarely in sight, bringing convenience and predictability to the technology licensing process. In our marketplace, those with essential patents can share their innovations, and companies creating connected products for the Internet of Things can access the patented wireless technology they need to be successful – in one place, with one agreement and for one fair, flat rate. Founded in 2016, Avanci is headquartered in Dallas. For more information about Avanci, please visit http://www.avanci.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190710005020/en/

CONTACT: Alexandra Elliott

Director of Marketing & Communications

Avanci

media@avanci.com

KEYWORD: UNITED STATES NORTH AMERICA ASIA PACIFIC CHINA TEXAS

INDUSTRY KEYWORD: INTERNET TECHNOLOGY MOBILE/WIRELESS TELECOMMUNICATIONS

SOURCE: Avanci

Copyright Business Wire 2019.

PUB: 07/10/2019 06:00 AM/DISC: 07/10/2019 06:01 AM

http://www.businesswire.com/news/home/20190710005020/en

© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Fair
68°
Humidity: 91%
Winds: NE at 6mph
Feels Like: 68°

Your Extended Forecast

Tomorrow

weather
High 89°/Low 64°
Plenty of sun. Highs in the upper 80s and lows in the mid 60s.

wednesday

weather
High 90°/Low 65°
Sunny. Highs in the low 90s and lows in the mid 60s.

thursday

weather
High 93°/Low 65°
Sunny. Highs in the low 90s and lows in the mid 60s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7670 to sign up today.