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Avanci Announces Siemens as a New Patent Owner in its Licensing Platform



DALLAS, TEXAS- Today Avanci welcomes another global leader in technology, Siemens, to its licensing platform. Siemens joins fifteen other wireless standard-essential patent owners in the platform and will license its entire portfolio of standard essential 2G, 3G and 4G wireless patents through Avanci.

The Avanci licensing platform provides Internet of Things manufacturers with a transparent and efficient way to access the wireless technology needed to bring their products online. Avanci offers a simple approach for both IoT companies and patent owners, offering license rights at a fair, flat rate that will not increase over the term of the license.

About Avanci
Avanci has a vision that sharing technology, on a broad scale for the Internet of Things industry, can be simpler. Our connected world is evolving quickly – and we want to help it all happen even faster. Our one-stop solution keeps the success of the ecosystem squarely in sight, bringing convenience and predictability to the technology licensing process. In our new marketplace, those with essential patents can share their innovations, and companies creating connected products for the Internet of Things can access the patented wireless technology they need to be successful – in one place, with one agreement and for one fair, flat rate. Founded in 2016, Avanci is headquartered in Dallas. For more information about Avanci, please visit http://www.avanci.com.

Sophie Skaggs
Director of Marketing & Communications