Thursday, February 18, 2010

Patent News - LTE Patent Owners Meet to Discuss Plan for Patent Pool

Interesting patent news from  www.cellular-news.com, please read and leave your comments below.

LTE Patent Owners Meet to Discuss Plan for Patent Pool
Via Licensing Corp announced that 14 Long Term Evolution (LTE) patent owners from eight countries met in San Francisco last week to build the framework for a joint patent licensing program (commonly referred to as a patent pool) to support the global adoption of the LTE standard.

"With LTE deployment now an operator reality, the economic logic of moving development cycles ahead to commercialization through patent pools is stronger than ever before," said Frank J. Bernhard, Technology Economist and Managing Principal, Supply Chain and Telecommunications Practice, OMNI Consulting Group. "Our research shows how patent pool licensing demonstrates certain efficiencies in minimizing product lifecycle costs while more quickly generating revenue productivity. From an industry perspective, this translates to a significant competitive advantage in moving technologies, such as LTE, to the foreground."

The companies working with Via Licensing to form an LTE patent pool represent a broad spectrum of leading LTE stakeholders from China, France, Finland, Germany, Japan, Korea, the Netherlands, and the United States.

"We are pleased with the progress of the recent LTE pool discussions and the participation of essential LTE patent owners from across the globe," said Jean-Michel Bourdon, President of Via Licensing. "The recent discussions provide critical input to our LTE patent licensing program helping address the needs of our partners across the 4G wireless ecosystem and facilitating market delivery of an LTE license on an aggressive time schedule."

The next meeting of LTE patent holders is scheduled for 11-12 March, 2010, in Washington D.C.

Category - Patent News

1 comment:

IP1lwyr said...

This looks like an interesting and good development. There could be more details about the technology being licensed, among other things. I hope there will be more news relating to this.