RALEIGH, N.C., May 24, 2016 (GLOBE NEWSWIRE) -- TP Lab Inc. recently engaged patent brokerage firm Adapt IP Ventures to monetize an important subset of its expansive patent portfolio, the subset related to enhancing the viewing experience across television, online video and virtual reality applications.
With the foresight to identify the need for the convergence of traditional broadcast, Internet-based and on-demand content across a diverse array of platforms, TP Lab amassed 16 patents and 4 pending applications in this technology space over the past decade. The TP Lab patent portfolio available for sale ranges from provisioning the display of multiple video broadcast streams to tailoring the content of these broadcast streams to each end user.
Dr. Chi Fai Ho, CEO of TP Lab, highlights the market demand, stating, “We are seeing many groups already commercializing or just beginning to commercialize similar technologies in the marketplace today. Television and set-top box manufacturers, broadcast and IPTV service providers, electronic program guide distributors, mixed and virtual reality manufacturers and app companies are all potential buyers of the TP Lab video deliver patents.”
“This project represents another significant opportunity for Adapt IP to assist TP Lab in its patent monetization efforts. We anticipate achieving at least the same level of success compared to our previous engagements with Chi Fai’s group,” commented Brian Bochicco of Adapt IP Ventures. Companies interested in receiving more information on TP Lab patent portfolio are encouraged to contact Brian Bochicco or Grant Moss at Adapt IP Ventures directly at firstname.lastname@example.org or email@example.com.
About TP Lab Inc.
TP Lab is a Palo Alto-based innovation company with over 80 issued patents to its name. A seasoned innovation firm since its formation in 2004, TP Lab also holds a proven track record of monetizing various subsets of its expansive patent portfolio. The innovation company previously engaged Adapt IP Ventures to broker its web telephony, dynamic network forming, and consumer electronics’ activation patents, ultimately resulting in numerous patent sales between 2014 and 2015.
About Adapt IP Ventures LLC
Adapt IP Ventures provides transaction advisory services designed to assist individual inventors, companies and universities understand and extract value from their patents. Typical transaction-related engagements consist of Adapt IP Ventures developing and executing custom strategies to sell, license or acquire patents while our advisory services focus on IP valuation and strategy engagements. For more information, please visit www.adaptipventures.com.
Brian Bochicco Adapt IP Ventures, LLC Phone: 703-973-0117 Email: firstname.lastname@example.org
Source:Adapt IP Ventures, LLC