SAN FRANCISCO–(BUSINESS WIRE)–Via Licensing Corporation today announced the creation of a defensive
patent bank, a wholly-owned entity that provides a defensive aggregation
solution in connection with the company’s Long Term Evolution (LTE)
patent pool offering.
“Creating a defensive patent bank to support the patent pool allows us
to offer further value to the wireless industry and reduce barriers to
innovation,” said Joe Siino, President of Via Licensing Corporation.
Via’s new patent bank serves as a resource for collecting rights to
high-quality and essential LTE patents that might otherwise pose a risk
for licensees, and providing licenses to these assets through Via’s LTE
Patent Pool at no extra cost to licensees. All licensees in Via’s patent
pool receive licenses to the relevant patents.
“With the introduction of its new defensive patent bank, Via continues
to be a leader in promoting the LTE ecosystem, fostering technological
advances, and making the licensing process easier and more transparent
for everyone,” said Ira Blumberg, Vice President, Intellectual Property,
Via’s patent bank provides additional risk mitigation for current and
future licensees of the Via pool because their licenses will include a
greater number of high-quality LTE patents. In accordance with Via
patent pool procedures, all patents offered for licensing by the patent
bank through the pool are confirmed as essential to the LTE standard by
an independent neutral evaluator.
“What Via is doing here is quite innovative. They are combining the
benefits of a traditional patent pool, which are very significant, with
a form of risk reduction in the area of patent litigation,” said
Professor Robert Merges, a patent pool expert and professor of law at
the University of California, Berkeley. “By taking unaffiliated patents
‘out of circulation’ they make life easier for pool members.”
Products and services that use LTE technologies include smartphones,
tablet and laptop computers, the Internet of Things (IoT), and
automobiles. LTE technology is the next generation of wireless
connectivity technologies that are being deployed worldwide.
About Via Licensing Corporation
Via Licensing Corporation is a global intellectual property solutions
provider dedicated to enabling innovation in partnership with technology
and entertainment companies and universities around the world. Via
develops and manages licensing programs on behalf of highly innovative
companies in markets such as audio, wireless, broadcast, and automotive.
Via is a wholly owned subsidiary of Dolby Laboratories, Inc., a company
with more than 50 years of experience in innovation and technology
licensing. For more information about Via, please visit http://www.via-corp.com.