IAC IP Portfolio
As a collective, IAC has allocated $10M to acquire specific patents, which will be available on a needs basis, to help minimize your risk of third party threats.
This provides a business advantage against like-sized and larger companies to help you grow and scale internationally. Essentially, IAC is assessing the competition and creating a patent pool that acts as a defensive tool and helps to protect you.
This supports IAC’s mission of enabling you to accomplish more through collective action than you could achieve on your own.
IAC’s First Portfolio of Patent Assets
This acquisition is part of IAC’s mandate of developing a patent portfolio that acts as a defensive tool and helps to protect our members.
These assets are focused on energy efficiency, smart grid, and energy storage; technologies that have been identified as initial areas of interest to our members.