SANTA CLARA, Calif.--(BUSINESS WIRE)--IPValue Management, Inc. (�IPValue�) today announced that its subsidiary, Trivale Technologies, LLC (�Trivale�), has acquired over 1,200 patents and applications from the display business unit of Mitsubishi Electric (�MELCO�). MELCO is a world leader in the manufacture, marketing and sales of electrical and electronic equipment.

IPValue focuses its patent licensing programs on extensive portfolios from major enterprise innovators like MELCO. Trivale�s acquisition of substantially all MELCO display business unit patents allows it to provide a one-stop shop for licensees to one of the largest portfolios in the industry.

�We are pleased to acquire this substantial portfolio from Mitsubishi Electric, a highly respected enterprise with a recognized history of innovation,� said Anupama Jain, General Manager of Trivale. �This portfolio is the result of over two decades of R&D by the display business unit and encompasses a broad range of LCD, OLED, and other technologies for high value display products.�

About IPValue Management

IPValue�s mission is to fuel innovation by working with leading technology enterprises to generate revenues from their IP portfolios. Since inception in 2001, IPValue has generated over $2B in cash from patent licenses, resulting in $1B to its partners. IPValue currently owns and manages the commercialization of over 7,000 patents. For more information, visit www.IPValue.com.

Contacts

George Park

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