06/11/15
A VIEWPOINT ON PATENT TRANSACTIONS
November 6, 2015
Linda Biel, Senior Vice President, Business Development
Allied Security Trust
Patent Transactions May Continue To Rise In 2015
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-­‐ Number of Transac0ons and US Assets by Assignment Recording Year -­‐ AST reassignment analysis, September 2015
AST CONFIDENTIAL
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06/11/15
Sellers and Buyers
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-­‐ Transac0ons by Type of Par0es (2010 – 1H 2015) -­‐ Who is Selling?
AST reassignment analysis, September 2015
Who is Buying?
AST CONFIDENTIAL
More Assertions by Non Operating Companies Over
Time….And More Involving Acquired Assets
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1400
1200
1000
800
Acquired
Original Assignee
600
400
200
0
2005-2006
2007-2008
2009-2010
2011-2012
2013-2014
Source: RPX
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06/11/15
PAEs Buy From Practicing Entities
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When PAEs Buy Assets, They Most Often Buy from Large Practicing Entities
12000
10000
8000
6000
4000
2000
0
2010
2011
Large PE as Seller
2012
Other PE as Seller
2013
2014
Non PE as Seller
Large PE = $500M+
Patents Sold by Asian PEs Have Steadily Grown
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-­‐ Selling Prac0cing En00es by Loca0on Since 2010 -­‐ AST reassignment analysis, September 2015
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06/11/15
Practicing Entities Sell to Patent Assertion Entities
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§
Virtually ALL
of the most
active sellers
(ordered by
number of
transactions)
have sold to
PAEs
§
Only FujiFilm
and Hitachi
had no sales
to PAEs
Company IBM AT&T Panasonic HewleC Packard Nokia Corp Cypress Semi Verizon NXP Delphi Corp NEC Corp LG Siemens Xerox Corp Freescale Philips Txns 71 45 40 32 32 29 23 22 21 19 16 16 16 15 15 Txns to PAEs % 5 7% 23 51% 15 38% 3 9% 25 78% 23 79% 11 48% 13 59% 12 57% 6 32% 8 50% 6 38% 7 44% 9 60% 4 27% Company BAE Systems Amex Alcatel-­‐Lucent Avaya Ericsson Hitachi Motorola SoluVons Samsung Daimler Kodak Sharp Fujifilm Fujitsu Lite-­‐On Tech Sony Txns to Txns PAEs % 14 11 79% 13 13 100% 12 8 67% 12 7 58% 12 10 83% 12 0 0% 12 2 17% 12 4 33% 11 2 18% 11 4 36% 11 5 45% 10 0 0% 10 2 20% 10 7 70% 10 5 50% Note: Transactions between 2010 and June 2015
Does Selling To A PAE Protect You?
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14 transactions
(2005-2014)
4 lawsuits
(2012-2014)
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06/11/15
What If?
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This….
Patent
Portfolio 2
Sold
GlobeTec
Trust
Licensed
Sued
…turned into this instead…
Sold
…through AST
© Allied Security Trust 2014 – No copying or distribution without express written permission
For More Information
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Linda Biel
Senior Vice President, Business Development
Allied Security Trust
100 Overlook Center, 2nd Floor #2051
Princeton, NJ 08530
lbiel@ast1.com
+1 212 362 5870 office
+1 512 695 2027 mobile
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