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Press release content from Business Wire. The AP news staff was not involved in its creation.

IPValue Management Licenses Patent Portfolio to NVIDIA

December 28, 2020 GMT

SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec 28, 2020--

IPValue Management, Inc. (“IPValue”) today announced that its subsidiary, Future Link Systems, LLC (“FLS”), has signed a worldwide, nonexclusive patent license agreement with NVIDIA Corporation (“NVIDIA”). NVIDIA is an innovator in graphics processing unit technology, which has sparked the growth of PC gaming, computer graphics, parallel computing, and more recently artificial intelligence applications.

IPValue’s FLS portfolio contains approximately 150 patents issued in nine countries across North America, Asia, and Europe. The patents cover semiconductor circuit designs and relate to a variety of concepts, including data interconnects and interfaces, which enable computer and network architectures, gaming devices, mobile phones, processors, semiconductor memory, and other integrated circuit functionality.

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“We are pleased to have licensed the FLS patent portfolio to NVIDIA on mutually agreeable terms,” said Richard Misiag, General Manager of FLS. “NVIDIA joins the growing list of licensees to the FLS portfolio.”

About IPValue Management

IPValue’s mission is to fuel innovation by working with leading technology enterprises to generate revenues from their IP portfolios. Since inception in 2001, IPValue has generated over $2B in cash from patent licenses, resulting in $1B to its partners. IPValue currently owns and manages the commercialization of over 6,300 patents. For more information, visit www.IPValue.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201228005025/en/

CONTACT: George Park

george.park@ipvalue.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY AUDIO/VIDEO SOFTWARE INTERNET HARDWARE

SOURCE: IPValue Management, Inc.

Copyright Business Wire 2020.

PUB: 12/28/2020 08:00 AM/DISC: 12/28/2020 08:00 AM

http://www.businesswire.com/news/home/20201228005025/en