March 10 2020 IP3 2019 Overview Advertising amp Content Distribution Artificial Intelligence AI amp Machine Learning ML Augmented AR amp Virtual Reality VR Automotive amp Mobility ID: 909340
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Slide1
IP3 2019 Analytics for media
March 10, 2020
Slide2IP3 2019 Overview
Advertising & Content Distribution
Artificial Intelligence (AI) & Machine Learning (ML)
Augmented (AR) & Virtual Reality (VR)Automotive & MobilityBlockchain & Financial ServicesCloud Computing & Web ServicesComputer Software & HardwareHealth Tech & Healthcare ITInternet of Things (IoT) & Smart HomeLED Lighting & OptoelectronicsLocation-Based Services / NavigationMedical Devices & ImagingSemiconductor Manufacturing & EquipmentWireless & Telecommunication
IP3 2019 was the fourth iteration of AST’s Industry Patent Purchase Program, a fixed price, fixed term, collaborative patent buying program that provides patent owners access to
dozens of leading technology companies
Submission period: July 15 through July 26, 2019
IP3 2019 focused on soliciting patents from the following technology areas:
Participants: 24 operating companies including: Cisco, Facebook, Google, Honda, IBM, Intel, Microsoft, Oracle, Philips, SAP, Uber and Verizon
Total Spent: ~ $5M
Slide3IP3 2019 Results Summary
$4.857M spent to acquire 53 patent families
Purchased Deals
45 deals acquired 53 families, 91 U.S. Patents, 113 active assetsAll deals have at least 1 US issued patentRanged from $1,000 to $450,000Avg. price per patent family – $96k compared to $99K in IP3 2018, $128k in IP3 2017, and $96k for IP3 2016Avg. price per deal - $108K24 Members contributed to the acquisitionsAST closed 43 of the deals by year-end 20192 deals were delayed due to issues with the sellersSource: AST - IP3 2019
Slide4IP3 2019 Submission Stats
1,052 IP3 Submissions
by 338 Patent Owners
Over 1,300 submissions were received out of which 250+ submissions were rejected or excluded from program due to subject matter, family issues, etc. Almost double the number of total submissions compared to IP3 20181,052 valid submissions published as potential AST deals1,311 patent families with 2,816 active assets from 38 jurisdictions 2,546 issued patents, 211 published apps, 59 unpublished apps1,973 US assets - 1,795 issued patents, 178 pending applications88% or 926 submissions were single patent family offerings117 submissions with 2-5 patent families9 submissions with more than 5 patent families65% or 683 submissions had at least one previously offered asset to ASTIn IP3 2018, 75% of all submissions were previously received. Source: AST - IP3 2019
Slide5IP3 Submissions by Seller Submitted Categories
Seller Submitted Category
Submissions
Patent FamiliesWW AssetsAdvertising & Content Distribution107117239
Artificial Intelligence (AI) & Machine Learning (ML)
28
31
135
Augmented (AR) & Virtual Reality (VR)
56
73
157
Automotive & Mobility
76
102232Blockchain & Financial Services232859Cloud Computing & Web Services119122248Computer Software & Hardware136179307Health Tech & Healthcare IT293991Internet of Things (IoT) & Smart Home6481193LED Lighting & Optoelectronics5394253Location-Based Services (LBS) / Navigation6294168Medical Devices & Imaging6488223Semiconductor Manufacturing & Equipment4417Wireless & Telecommunication231259494Grand Total1,0521,3112,816
Wireless & Communications was the leading seller submitted technology category for IP3 with 231 submissions and 259 patent families. Followed by Software with 136 submissions and 179 patent familiesCloud Computing & Web Services, and Advertising & Content Distribution both had over 100 submissions and patent families.
Source: AST - IP3 2019
Slide6IP3 2019 Price Expectations - $1,000 to $350M
Median Seller’s Price Expectation = $100,000
94% of
offerings were
under $500K
35 submissions over $1M
67 submissions over $500K
Average Price per Submission
Less than $500K – $118K
Less than $1M – $138K
Average price is slightly higher than IP3 2018
Top Values
Lots
$100,000
156 $25,000 90 $50,000 85 $75,000 59 $125,000 58 $150,000 44 $90,000 42 $200,000 33 $250,000 25Source: AST - IP3 2019
Slide7What was Purchased?
45 AST Deals purchased in IP3 which comprised 113 active patent filings in 53 families
91 US Patents, 6 US Applications
16 foreign patents – 2 CN, 1 DE, 3 EP, 1 FR, 2 GB, 1 JP, 1 KR, 5 TWAverage 2.5 assets per family (compared to 1.7 in 2018 and 3.6 in 2017)28 deals with 1 US patent, 9 deals with 2 US patents, 8 deals with 3+ US patents9 deals - each with at least one foreign patent34 different sellers and 8 brokers22 out of 45 purchased deals were from Brokers/Intermediaries Type of Sellers – 16 deals from Non-Practicing Entities/Patent Holding Companies14 deals from Practicing Entities10 deals from Individual Inventors5 deals from Universities and R&D InstitutesSource: AST - IP3 2019
Slide845 IP3 Deals Purchased - $1,000 to $450,000
Average Purchase Price for IP3 = $107,933
Median purchase price
Per Deal - $90,000
Per Family - $75,00
Average purchase price
Per Deal - $107,933
Per Family - $95,526
Source: AST - IP3 2019
Slide9THANK YOU