Patent owners IP Bridge, Orange, Siemens, and Xiaomi announced an end to long-lasting disputes through an innovative patent licensing transaction to enable efficient licensing of patent rights across multiple technologies from the companies to Xiaomi. Patent owners IP Bridge, Orange, Siemens, and Xiaomi Patent owners IP Bridge, Orange, Siemens, and Xiaomi, a company owned by Mr. Paul Lin, the former "Head of IP Strategy" at Xiaomi, worked as a deal facilitator and helped Xiaomi and the three licensors successfully close this licensing transaction in a highly efficient manner.
IP Bridge has been focusing on promoting technological innovation and cooperation around the world. Granting a patent license to Xiaomi has become one of the important track records of such cooperation. “Thanks to Novus, we could efficiently close this deal with Xiaomi. We highly appreciate the sincere cooperation of Orange and Siemens throughout the deal” said Daisuke Honda, Managing Director, Head of License Business Department No. 1 at IP Bridge.