Pangea3’s client is a large innovative Fortune 500 consumer electronics company. Considered to be a pioneer in its industry, it has a large and expanding patent portfolio. Over the past several years, Pangea3 has worked with attorneys and technologists at this company to help it stay at the top of its industry by providing a wide variety of Intellectual Property services including prior art searches, validity searches, patent landscapes, mapping patents against technology standards and business research utilizing a team of dedicated engineers and scientists.
Our consistently high quality work product, a client-dedicated team and significant cost savings has made Pangea3 the provider of choice for this client. Recently, a senior IP attorney at the client approached us with a strategic objective - expanding their patent portfolio through licensing and patent acquisition, specifically in the online consumer behavior domain. Pangea3 partnered with the client to identify and implement strategies for patent acquisition. Through the course of our conversations with the client, we determined that the best combination of Pangea3 services that would help it achieve its business objectives included patent bucketing, a patent validity search and business research.
Patent bucketing: Pangea3’s IP team performed analyses that were used to identify patents of value based on a preliminary list of patents and a multi-level taxonomy for categorizing the patents sent from the client. We performed an in-depth technical review of the patents and categorized each patent against the taxonomy. The client then mapped the resulting set against their existing patent portfolio and identified patents that would best enhance their patent holdings. Technology and business executives from the client’s team came up with a shortlist of patents to be licensed or acquired.
Validity analysis: For each identified patent, we performed a validity search. In our report, we identified the patent and non-patent references that revealed the subject matter closest to the patent of interest. We provided claim charts comparing each reference with the patent of interest. Our reports served a dual purpose by confirming the enforceability of each patent, by anticipating counter-arguments, and helping assess the true value offered by the patent.
Business research: Based on public records, we identified the owner of each patent. For each owner, we utilized public as well as subscription databases including USPTO databases, Nexis, Hoovers, and Google Finance to provide information on financial details, patent holdings, and litigation records. We also provided the contact information for the target’s legal team and senior management. The client received a detailed dossier on each company, prepared for senior client executives, and informed their ultimate decision making with respect to each identified patent.
Result: Outsourcing resource intensive portions of patent acquisition work to Pangea3 allowed the client to accelerate their patent acquisitions without increasing their budget. Our full-featured service offering distinguished us from other IP vendors who do not have the capabilities to perform the necessary services the client needed to achieve its business objective. As a result of Pangea3’s thorough analyses and research, our client is now actively engaged in acquiriring a portion of the identified patents.
About Pangea3’s IP Team
Pangea3’s Intellectual Property group provides patent and trademark services to some of the world’s leading international corporations and law firms. With over 60 engineers and scientists with domain expertise in electronics, telecommunications, computer software, mechanical engineering, biotechnology and pharmaceuticals the IP group is headed by Pangea3’s U.S. patent attorneys ensuring a US quality work product for every service.
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