Dennemeyer Honored With IP Innovation Award For Patent Monetization Service

An increasing number of patent owners and companies would like to sell patents that are no longer of interest to them rather than abandon them. However, finding potential buyers can be difficult and time-consuming. To solve this problem, Dennemeyer developed a Monetization Service that provides our clients with easy access to the patent market. Now, the intellectual property community has recognized this service.

Acquisition International's Intellectual Property Awards 2015 has honored Dennemeyer S.A. with the 2015 IP Innovation Award.

"We are delighted to receive the 2015 IP Innovation Award," says Dr. Malte Köllner, patent attorney from Dennemeyer's Frankfurt office, who is heading the Monetization Service. "This recognition reflects our continued dedication to developing services to meet the needs of the IP industry. I am proud that our team's hard work has distinguished itself."

Our Monetization Service works as follows: it starts when Dennemeyer receives information about the patent(s); a patent number will suffice. This information is sent to selected external experts to perform an initial check on the assets' sales potential. This check is free of charge and is not binding. If the feedback is positive, and after a service contract is signed, the patents will be offered to potential buyers. Only when a successful deal is closed, is a brokerage commission due.

The sales price of patent families is typically in the range of USD...