Many companies have patent portfolios acquired during M & A activity or that was generated to protect products or technology that are no longer core to the business. While these under-utilized or unwanted patent assets may have no value today to your company, but they may be virtual “gold” to someone else.
Of course, before you can identify patent assets for potential sale or license, you must perform and inventory of your portfolio. The Hutter Group can assist you in conducting an audit of your patent portfolio prior to undertaking a marketing analysis. As a result of this objective audit, most clients discover that they are seeking and maintaining patent rights that they no longer need and typically realize signficant savings that exceed the cost of The Hutter Group’s consultation fee.
Forward-thinking companies today realize that monetization of patent assets can provide valuable new revenue streams. The Hutter Group’s proprietary patent analysis methodologies and experience in patent licensing and counseling can assist you in identifying patent assets that may be of interest to another company and also can scope out potential buyers for these underutilized patent assets.
The Hutter Group maintains an extensive network of corporate innovation professionals, licensing professionals and patent brokers. Using these relationships, your company’s under-utilized or unwanted patent rights can be extensively marketed to obtain the highest price possible in today’s market for your patent assets.