In yet another milestone that further cements the position of Sisvel’s Cellular IoT patent pool as a one-stop-shop licensing solution for cellular IoT device manufacturers, KT Corporation, LG Electronics Inc., and Vodafone Group Services Limited have joined the platform. As a result, the Cellular IoT patent pool now boasts more than 50% of all NB-IoT and LTE-M SEPs owned by more than patent owners, thus making it easy for implementers to obtain access to a variety of patent portfolios.
The Sisvel Cellular IoT program provides a one-stop license that enables device manufacturers to gain access to 34 independent patent portfolios belonging to highly diverse patent owners, including mobile infrastructure vendors, product and component manufacturers, and network operators. At rates of only US$0.08 per unit and upwards, the program was built with the single goal of providing predictability and scalability for cellular IoT businesses while garnering a fair return on investment for innovators.
“We are proud to welcome LG Electronics, KT Corporation, and Vodafone as our newest members,” said Sven Torringer, Programme Manager, Sisvel Cellular IoT. “Their inclusion considerably enhances the patent coverage provided by the pool, and we look forward to the resultant effect that will be seen in the proliferation of cellular IoT across multiple verticals.”
Adding these three companies further cements the emerging industry consensus behind Sisvel’s Cellular IoT patent pool solution. This marks another important milestone in Sisvel’s provision of a comprehensive licensing solution for the cellular IoT market, after its recent deal with Nordic Semiconductor.
Sisvel, given its unique patent pool, has set itself at the forefront of where it will have a leading role in the determination of the future of cellular IoT innovation. While this program is one of growth and change, it will most likely continue to remain one of the major driving factors for developing new technologies and applications regarding IoT.
