- A well-recognized Fixed Price, Fixed Duration, Collaborative Patent Buying Program
- A streamlined, time limited, rapid response sales model beneficial to Patent Sellers
- A multi-year, unique fixed price program where Patent Sellers “name their price!”
Buyers are the World’s Leading Technology Companies – All are AST Member firms representing multiple industries including:
Before moving forward with a submission, we strongly encourage you to review the IP3 2019 process FAQs, the Submission Terms and Conditions, and the Patent Assignment Agreement with an attorney.
July 26 |
Submission Window is Closed |
July 15 – September 30 |
Submission Non-exclusive Review Period. Sellers must notify IP3 if the submitted patents are sold or encumbered during this period. |
October 1 – October 11 |
Exclusivity Period. Sellers must sell to IP3 if their fixed price in their submission is met by October 11. |
By October 11 |
Parties notified either of our intent to move on to the next stage (e.g., some further diligence) or our intent to pass on the opportunity. |
By October 21 |
Parties that are notified of IP3’s tentative intent to purchase must supply further information to IP3 regarding encumbrances, litigation, etc. and provide a signed agreement, banking information, and relevant tax-related information. |
By December 31 |
IP3 will further review the additional materials provided. Assuming IP3 remains interested in completing the transaction upon review of the above material, IP3 will return a fully executed agreement within about 10 days of receiving (and no later than December 31, 2019). Payment will occur within 30 business days thereafter. |
We are often asked to provide pricing-related guidance for IP3 submissions. Below are links to articles that Submitters may find helpful that describe AST’s experience regarding prices paid for technology patents in past IP3 programs.
IP3 2019 is not right for every deal. If you were searching for a program where you set the bid deadlines and purchase prices are negotiated, please consider submitting your portfolio to our Standard Patent Acquisitions Program. For more information on the Standard Program, please click here.