Celerity IP and Its “Partners” Dial Each of the Three Major US Wireless Carriers Twice
In November 2021, litigation finance firm GLS Capital announced that its subsidiary Celerity IP, LLC—characterized as an IP management company and led by patent monetization veterans Chad Hilyard and Tim Berghuis—“entered into agreements to be the exclusive agent for the licensing and enforcement of two separate portfolios of standard essential patents”, one originating with ASUSTek and the other, Innovative Sonic Limited. This past week, Celerity IP (as exclusive licensee) filed separate trios of Eastern District of Texas suits against AT&T (AT&T Mobility), Deutsche Telekom (T-Mobile), and Verizon (Verizon Wireless), one trio with ASUS (2:23-cv-00486, 2:23-cv-00487, 2:23-cv-00488, respectively) and the other with Innovative Sonic (2:23-cv-00489, 2:23-cv-00490, 2:23-cv-00491, respectively).
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