Press Release
Intellectual Ventures and ASI Semiconductor, Inc. Sign Patent License Agreement
September 24, 2013 BELLEVUE, Wash.
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Intellectual Ventures™ (IV®) and ASI Semiconductor, Inc. (ASI) announced today that the companies have entered into an intellectual property license agreement. As a result of the agreement with IV, ASI has license to state-of-the-art radar and avionics RF power transistor technologies.
ASI is a global manufacturer of RF power transistors and microwave diodes. ASI focuses on providing the RF and microwave market with mature products and technologies and supplies a diverse range of customers worldwide, from broadcast transmitter repair companies to Fortune 500 communications, radar, and avionics manufacturers.
“IV’s approach to patents and intellectual property is refreshing. Their business model is based on mutual success and it has enabled us to bring value to our marketplace,” said Michael Lincoln, chief operations officer of ASI. “We have been supplying our products to top tier customers across the world for 34 years, and this agreement allows us to bring a new product portfolio to the market and also to expand on that portfolio. Our relationship with IV will help our business grow and gives our customers access to new technologies they have been requesting.”
“ASI joins IV’s growing list of customers looking to enhance their business’ IP strategy,” said Andy Elder, executive vice president Global Licensing Intellectual Ventures. “IV helps companies of all sizes meet their current business needs and provides guidance on developing and acquiring invention rights related to their prospective products. The license agreement with IV allows ASI to rapidly advance its technologies and product offerings.”
IV’s portfolio consists of nearly 40,000 IP assets in more than 50 technology areas. In addition to traditional IP licensing deals, companies can work with IV's in-house inventors as well as its network of more than 4,000 inventors in 10 countries around the world to solve near-term technical issues and invent the technologies that will differentiate their next-generation products from the competition.
