DALLAS, TEXAS- Today, Avanci welcomes NEC to its licensing platform as its newest patent owner. NEC is a global leader in Information and Communications Technology (ICT) with more than 100 years of research and development expertise. By joining Avanci’s open marketplace, NEC’s entire portfolio of standard essential 2G, 3G and 4G wireless patents will be included in an Avanci license.

Avanci’s approach brings simplicity and transparency to licensing for both IoT companies and patent owners, providing license rights at a fair, flat rate that will not increase over the term of the license no matter how many patent owners join the platform and is the same for all vehicles regardless the number of communication units installed.