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Avanci Announces NEC as a New Patent Holder in its Licensing Platform

June 20, 2018

DALLAS, TEXAS- Today, Avanci welcomes NEC to its licensing platform as its newest patent owner. NEC is a global leader in Information and Communications Technology (ICT) with more than 100 years of research and development expertise. By joining Avanci’s open marketplace, NEC’s entire portfolio of standard essential 2G, 3G and 4G wireless patents will be included in an Avanci license.

Avanci’s approach brings simplicity and transparency to licensing for both IoT companies and patent owners, providing license rights at a fair, flat rate that will not increase over the term of the license no matter how many patent owners join the platform and is the same for all vehicles regardless the number of communication units installed.

About Avanci
Avanci has a vision that sharing technology, on a broad scale for the Internet of Things industry, can be simpler. Our connected world is evolving quickly – and we want to help it all happen even faster. Our one-stop solution keeps the success of the ecosystem squarely in sight, bringing convenience and predictability to the technology licensing process. In our new marketplace, those with essential patents can share their innovations, and companies creating connected products for the Internet of Things can access the patented wireless technology they need to be successful – in one place, with one agreement and for one fair, flat rate. Founded in 2016, Avanci is headquartered in Dallas. For more information about Avanci, please
visit http://www.avanci.com.

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