Private Equity Firm Buys PanOptis
- February 17, 2019
Category: Patent Market, Patent Watch
Brevet Capital, a private equity firm based in New York, issued a press release on February 11 announcing that it has purchased multiple entities affiliated with Leslie Ware’s PanOptis Holdings, LLC, including litigating NPEs Optis Cellular Technology LLC; Optis Wireless Technology, LLC; and Unwired Planet, LLC. While terms of the deal remain confidential, a recent disclosure in a PanOptis suit against Huawei—the NPE’s last litigation filed since joining the Marconi Group in March 2017—provides details about which entities are now owned by Brevet.