Carlson Wireless Technologies, Inc. announced that they are receiving an unexpected amount of interest in their sale of three patents at The Ocean Tomo Live IP Auction in Chicago on October 30. US Patents 5,959,982; 6,693,890; and 5,745,480 are all directed to the field of telecommunication and will be offered as Lots 59, 60 and 61, respectively.
“We have had an unexpected number of inquiries into this sale which is very encouraging. This is an exciting time for the IP marketplace and Carlson Wireless,” said Jim Carlson, founder and CEO. “With WiMax, 3G and 4G markets holding their own in these uncertain times, interest in Intellectual Property (IP) like this seems to be increasing.” This assessment is buoyed by the very recent sale of wireless IP by Conexant Systems Inc. of Newport Beach CA for approximately $15 million.
“There are a lot of very cash rich institutions out there who are not interested in investing in equities at the moment, but which have money to burn. This presents the IP market with a tremendous opportunity,” writes Joff Wild recently in his IAM Magazine blog where he discusses the potential ups and downs of IP investment in the current financial climate. “We could be about to enter a defining period in the development of the IP market place.”
The broad application of the WiMax and 3G standards to these patents seems to be fueling the interest. A forward citation analysis found a long list of companies holding patents that cite one or more of the Carlson patents to be auctioned. This includes companies such as, Alcatel-Lucent, Broadcom Corporation, California Institute of Technology, Cisco Systems, Inc., CommScope Inc., DDi Corporation, DirecTV Group Inc., Honeywell International, Inc., International Business Machines Corp., L-3 Communications Corporation, LG Electronics, Inc., LM Ericsson Telephone Co., LSI Corporation, Matsushita Electric Industrial Co., Ltd., Mitsubishi Electric Corporation, Nippon Telegraph and Telephone Corporation, Nokia Corporation, Nokia Siemens Networks Oy, Nortel Networks Corp., Phonex Corporation, QUALCOMM Incorporated, Qwest Communications International Inc., Samsung Electronics Co., Ltd., Sony Corporation, Sprint Spectrum L.P., Summit Wireless, LLC, Tachyon Networks Incorporated and Texas Instruments Inc.
Carlson Wireless Technologies (www.carlsonwireless.com) is a leading microwave radio manufacturer providing both point to point and point to multipoint wireless broadband solutions for the public safety, industrial, oil & gas, municipal and telephony markets. For more information please contact CWT directly at 707.822.7000 or info@carlsonwireless.com
Ocean Tomo Auctions (www.OceanTomoAuctions.com) is known as the premier forum for the live auctioning of intellectual property assets and has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron’s, Red Herring, BusinessWeek, Reuters and many other media outlets. For more auction information contact Ocean Tomo Fall 2008 Live IP Auction, contact Ocean Tomo directly at 312.377.4851 or auctions@oceantomo.com.
Contacts:
Mike Wilson, 707-822-7000
mwilson@carlsonwireless.com
or
Ocean
Tomo
Wendy Chou, 718-812-6707
wchou@oceantomo.com
