IP Exchange Offers License To 200 Essential Wireless Patents

Law360, New York (October 1, 2014, 7:43 PM EDT) -- A Chicago-based company that operates a stock market-like financial exchange for intellectual property said Wednesday that it is holding a public offering of contracts that give the rights to more than 200 standard-essential wireless patents owned by companies such as Sony Corp. and Koninklijke Philips NV.

Intellectual Property Exchange International Inc. said that the patents are essential to the 802.11n wireless standard, the most widely adopted standard protocol for wireless technology, and have been issued in nearly 20 countries. Each contract provides a nonexclusive license to...
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