High Tech Sector: Aerospace and Transportation Subcommittee
Wednesday, May 24, 2017
4:00-5:00 p.m. (Eastern)
3:00-4:00 p.m. (Central)
2:00-3:00 p.m. (Mountain)
1:00-2:00 p.m. (Pacific)
FRAND & Licensing Standard Essential Patents: Don’t leave money on the table
Jayson Pankin, CEO AUtoHarvest
Daniel Abraham, MPEG LA, LLC
Timothy Pohlmann, Managing Director, IPtytics GmbH
About the speakers:
Jayson Pankin, CEO
This would be a panel composed of experts engaged in licensing pools of IP that define standards. The variations in regional strategies and industry sensitivities will be discussed. A strong focus will be on the process to sort out IP portfolios to determine what would be allocated to a FRAND pool earning lower royalties than from a conventional pool, demanding what the market will bear. What are the pros and cons of such allocations?
The panelists will also discuss future FRAND consistent pools in new areas of technology that are developing vast markets and have IP “scattered to the four winds of the earth” that might create the momentum to organize a new FRAND oriented pool. In such a case, what are the early considerations and methods?
Daniel Abraham, MPEG LA, LLC
MPEG LA, LLC: Revolutionizing Intellectual Property Rights Management
We are the world’s leading packager of patent pools for standards and other technology platforms used in consumer electronics, as well as chemical, eCommerce, education, energy, environment, healthcare and biotechnology, manufacturing and materials, transportation and wireless technology. We developed the pool market space. (view link) Our business model supports a large number of patent users – creating reasonable access and profitable opportunities for all parties.
Our "many-to-many licensing model" has revolutionized the way patent holders, developers and users think about the intellectual property market. Our model serves the entire community of participants – creating a market that balances reasonable access with reasonable return.
- Bringing together essential patents
- Enabling technology to be more widely used
- Making technology accessible
- Saving time
- Averting legal costs and concerns
- Allowing for investment in product and reinvestment in innovation
Annually, MPEG LA obtains a SOC 1, Type II report, which is conducted in accordance with SSAE 16 and ISAE 3402
MPEG LA started operations in July 1997 immediately after receiving a Department of Justice Business Review Letter. During formation of the MPEG-2 standard, a working group of companies that participated in the formation of the MPEG-2 standard recognized that the biggest challenge to adoption was efficient access to essential patents owned by many patent owners. That ultimately led to a group of eight MPEG-2 patent owners -- Fujitsu, Panasonic, Sony, Mitsubishi, Scientific Atlanta, Columbia University, Philips and General Instrument—along with CableLabs and certain individuals, to form MPEG LA, which in turn created the first modern-day patent pool as a solution.
Tim Pohlmann, Managing Director
IPlytics is a Berlin based company that maintains a data platform (IPlytics Platform) providing access to over 80 million worldwide patent documents, 2 million worldwide standard documents and over 200,000 declared standard essential patents. IPlytics connects information on patents and standards taking into account public SEP declarations, prior art references as well as semantic similarities of patent claims and standards documents. Users subscribes to IPlytics Platform on a monthly basis, log-in to the tool with any browser and receive a 24/7 access to worldwide up-to-date data on patents and standards documents. The visual tool allows to easily navigate, analyze, and drill down into information enabling research and monitoring without necessarily being a patent or standards expert. Email alerts allow users to track new SEP declarations, the transfer of patent rights or changes of the legal status changes.
Webinar registration is free to members and non-members.