Via Licensing Forms Defensive Aggregation Patent Bank for LTE Patents
Dolby Laboratories (DLB)
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Source: Business Wire
New patent bank provides additional risk reduction for Via LTE pool licensees 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. “
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