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Monetization Veterans Announce Acquisition of “Foundational Patent Portfolio of Cloud-Based Technologies”
Patent Market, Patent Watch
Earlier this month, NovaCloud Licensing LLC announced the launch of “a new licensing effort to provide more accessibility to patented technologies that are fundamental to driving innovations across the cloud computing and datacenter sectors”. The firm indicated in its press release that it has acquired “a foundational patent portfolio of cloud-based technologies” from Ericsson, which NovaCloud’s public website suggests has global reach, including 40 patent families and more than 40 US patents. Joe Chernesky and Bill Goldman, both behind VideoLabs, Inc., lead the NovaCloud team.
June 19, 2024