Intellectual Ventures Names Arvin Patel to its Invention Investment Fund as Chief Operating Officer
IP industry veteran to lead commercialization strategy and execution, business development
BELLEVUE, Washington, July 9, 2020 /PRNewswire/ -- Today, Intellectual Ventures (IV) announced Arvin Patel as the company's Chief Operating Officer for its Invention Investment Fund (IIF). Patel will lead commercialization strategy and execution, business development, and partnerships across the fund's vast patent portfolio. Patel is expected to start in September, reporting to IIF Executive Vice President, Mathen Ganesan.
"Arvin is a seasoned and respected thought leader with decades of experience in technology, intellectual property, and public policy," said Nathan Myhrvold, Founder and CEO of Intellectual Ventures. "His deep IP expertise strengthens our mission to support a robust ecosystem where impactful invention can thrive."
"I'm thrilled to have Arvin join the team," said Mathen Ganesan, IIF Executive Vice President. "His proven track record in IP commercialization and patent litigation strategies will be a huge benefit as we look to take our commercial activity to the next level, building on the licensing successes of the last three years. Arvin is a true advocate of a nimble, multidisciplinary, and collaborative team approach that complements our culture here at IV."
Previously, Patel served as the Executive Vice President and Chief Intellectual Property Officer at TiVo, now an Xperi company. At TiVo, he oversaw the annual $400 million IP business, including the company's industry-leading portfolios of approximately 6,000 issued and pending patents worldwide. Within the IP business, Patel led TiVo's global organization of IP professionals tasked with ongoing portfolio development and management, licensing, strategic patent acquisition, policy, and the company's long-term innovation strategy. At TiVo, Patel forged collaborative relationships with leading universities and Silicon Valley companies. He will continue to evolve and advance innovative IP licensing collaboration models at IV.
"Intellectual Ventures is one of the most forward-thinking innovation companies in the world. I'm honored to join this exceptional team," said Arvin Patel. "I hope to continue to build on the mission of impact invention at IV and bring real change not only to the technology industry but in the way that innovation is created and distributed around the world."
About Intellectual Ventures
Intellectual Ventures (www.IntellectualVentures.com) is a global invention and investment business that creates, incubates and commercializes impactful inventions. Led by avid inventor and technology leader Nathan Myhrvold, IV has created more than 15 companies with the power to transform industries. At the edge of technological advances to serve both the developed and developing world, IV works with many of the world's top inventors to push innovation forward.
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