ASHEVILLE, N.C., July 10, 2018 /PRNewswire/ -- Adapt IP Ventures, LLC, a leading IP transaction and advisory firm, is representing Intelligent Energy Ltd. in the sale of a diverse patent portfolio which is no longer core to Intelligent Energy's current product development roadmap. This subset of Intelligent Energy's patent portfolio includes over 1,100 patent assets and related technologies, primarily related to portable fuel cells. The patent portfolio and related assets can be appliedto low power fuel cell and energy storage applications, such as consumer electronics and portable power.
Intelligent Energy is a fuel cell engineering business built on 30 years of PEM fuel cell development. Intelligent Energy has built its extensive global IP portfolio through both internal research and development efforts as well as external asset acquisitions. The underlying technology areas covered by the patent portfolio include fuel cells, fuel cartridges, fuel compositions, interface components, control strategies and other portable fuel cell systems. The patented technologies have, in some instances, been reduced to actual practice and proven in functional products. Such technologies could be available in a technology transfer deal structure that supplements the portfolio sale.
"The offering represents one of the largest fuel cell related patent portfolios and technology offerings in the market and will allow the new owner the opportunity to quickly bring innovative products to market and protect market share," states Grant Moss, President of Adapt IP. "We are optimistic that we will generate significant value for Intelligent Energy based on prior transactions in this industry. There has been encouraging feedback from initial discussions with our global marketing and technical partners, as well as potential purchasers."
Adapt IP has also partnered with Kangxin Partners, P.C, a leading Beijing-based intellectual property law firm, to expand its global marketing efforts for this patent portfolio and technology offering throughout Asia.
Companies interested in receiving more information about this offering should contact Adapt IP.
Adapt IP provides transaction and advisory services designed to assist companies and universities understand and extract value from their patents. Typical transaction-related engagements consist of Adapt IP developing and executing custom strategies to sell, license or acquire patents while our advisory services focus on IP valuation and strategy engagements. Please visit www.adaptipventures.com.