Press Release
Intellectual Ventures Signs Patent License Agreement with Infineon Technologies
June 18, 2013 Bellevue, Wash.
June 18, 2013 Bellevue, Wash.
Intellectual Ventures (IV®) today announced it has entered into an intellectual property license agreement with Infineon Technologies. The agreement provides Infineon with access to IV’s patent portfolio of nearly 40,000 IP assets.
Infineon, with headquarters in Neubiberg, Germany, is a global leader in semiconductors and system solutions for automotive, industrial electronics, chip card and security applications. Infineon becomes the latest customer to reach an agreement with IV as part of its semiconductor licensing program and has subscribed to IV’s IP for Defense program. By subscribing to the IP for Defense program, companies are able to access patents from Intellectual Ventures’ portfolio to defend themselves against threats of patent litigation.
“Through this agreement with IV, Infineon gets ready access to invention rights for a broad set of technologies,” said Andy Elder, executive vice president Global Licensing Intellectual Ventures. “Semiconductor manufacturers in Asia and the Americas have previously recognized the value of IV’s portfolio and we now count one of Europe’s largest semiconductor companies as a customer.”
IV’s portfolio consists of nearly 40,000 IP assets in more than 50 technology areas. In addition to traditional IP licensing deals, companies can work with IV's in-house inventors as well as its network of more than 4,000 inventors – including individual inventors and inventors from government labs, research institutions, corporations and universities – around the world to solve near-term technical issues and invent the technologies that will differentiate their next-generation products from the competition.
In a recent study commissioned by Intellectual Ventures, 70% of the more than 200 Chief Executive Officers, Chief Financial Officers and Chief Technology Officers surveyed revealed they believe patents are good for innovation. For more information on the Market Research on Patent Attitudes study, visit www.intellectualventures.com/patentsmatter.