IPValue Management Affiliate Acquires Rights to Mitsubishi Electric’s Display Business Patent Portfolio

News provided by IPValue Management, Inc.
Jul 26, 2021 09:00 KST

SANTA CLARA, CALIF.--(Business Wire / Korea Newswire) July 26, 2021 -- IPValue Management, Inc. (“IPValue”) today announced that its subsidiary Trivale Technologies, LLC (“Trivale”) has acquired rights to over 1,400 patents from the display business unit of Mitsubishi Electric (“MELCO”). MELCO is a world leader in the manufacture, marketing and sales of electrical and electronic equipment.

IPValue focuses its patent licensing programs on extensive portfolios from major enterprise innovators like MELCO. Trivale’s acquisition of substantially all MELCO display business unit patents allows it to provide a one-stop shop for licensees to one of the largest portfolios in the industry.

“We are pleased to acquire this substantial portfolio from Mitsubishi Electric, a highly respected enterprise with a recognized history of innovation,” said Anupama Jain, General Manager of Trivale. “This portfolio is the result of over two decades of R&D by the display business unit and encompasses a broad range of advanced technologies for high value display products.”

About IPValue Management

IPValue’s mission is to fuel innovation by working with leading technology enterprises to generate revenues from their IP portfolios. Since inception in 2001, IPValue has generated over $2B in cash from patent licenses, resulting in $1B to its partners. IPValue currently owns and manages the commercialization of over 7,000 patents. For more information, visit www.IPValue.com.

Website: http://www.IPValue.com

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