INVT Profile
Inventergy
Global, Inc. (INVT) is a Silicon Valley-based intellectual property
licensing company. The company's business model is to acquire and
license patents in the telecommunications, semiconductor, and
computing industries. Inventergy's strategy is to acquire patent
portfolios from companies that have discontinued their operations or
abandoned their patents for various reasons. Once acquired, the
company will monetize the patents through licensing or litigation
activities.
Inventergy was founded in 2012 by Joe Beyers, who
was previously the head of intellectual property at Hewlett-Packard.
The company has since acquired a number of patent portfolios,
including those from Huawei, Panasonic, and Nokia. Inventergy's patent
portfolio currently includes approximately 700 patents and patent
applications.
The company's primary revenue source is through
licensing its patents to other companies. Inventergy has signed
licensing agreements with several companies, including Apple, LG
Electronics, and Verizon Wireless. The company also generates revenue
through litigation activities, where it sues companies for
infringement of its patents.
Inventergy has faced some
challenges in recent years. The company's revenue has been declining,
and it has been struggling to maintain profitability. In addition, the
company has been involved in several legal battles with other
companies over patent infringement. These legal battles have been
costly and time-consuming, and they have also affected the company's
reputation.
In 2019, Inventergy announced that it was exploring
strategic alternatives, including the potential sale of the company or
its assets. As of the latest information available, Inventergy has not
yet announced any definitive plans.
Overall, Inventergy Global,
Inc. is a company that specializes in acquiring and monetizing
intellectual property rights. While the company has faced some
challenges in recent years, it still holds a significant patent
portfolio and has signed licensing agreements with several major
companies. The company's future direction remains uncertain as it
explores potential strategic al
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