IPValue Management Affiliate Licenses Kioxia Corporation to Patent Portfolio Acquired from Cypress Semiconductor

SANTA CLARA, Calif. — (BUSINESS WIRE) — March 23, 2020 — IPValue Management, Inc. (“IPValue”) today announced that its wholly owned subsidiary Monterey Research LLC (“Monterey”) has granted Kioxia Corporation (“Kioxia”) a worldwide, nonexclusive patent license to Monterey’s patent portfolio of more than 2,000 issued and pending patents in countries across North America, Asia and Europe. Kioxia is a top tier semiconductor supplier offering flash memory and SSDs for a wide range of distinguished customers globally.

“We are pleased to have licensed the Monterey patent portfolio to Kioxia on mutually agreeable terms,” said Keith Wilson, General Manager of Monterey. “Kioxia joins a growing list of leading companies that have taken a license from Monterey since Monterey’s inception in 2016.”

About IPValue Management

IPValue’s mission is to fuel innovation by working with leading technology enterprises to generate revenues from their IP portfolios. Since inception in 2001, IPValue has generated over $2B in cash from patent licenses, resulting in $1B to its partners. IPValue currently owns and manages the commercialization of over 7,000 patents. For more information, visit www.IPValue.com.



Contact:

George Park
george.park@ipvalue.com




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