Spangenberg’s SIM IP Announces Pair of Deals

Earlier this year, SIM IP—cofounded by CEO Erich Spangenberg and CFO David Kutcher—announced a “definitive agreement” to acquire Ultraleap’s haptics and extended reality (XR) IP portfolio, as part of a “new licensing partnership”. SIM IP has since issued two more press releases: a first announcing the acquisition of a patent portfolio from FusionLayer, described as “a pioneering network technology company originating from Finland”; and a second announcing a joint effort with “Strong Force Innovation Portfolios” to “further” develop and monetize the latter’s IP. Some of that IP has recently left Strong Force, together with a departing vice president.