NEW YORK, Jan. 30, 2017 (GLOBE NEWSWIRE) -- ICAP Patent Brokerage announces for sale computerized navigation, routing, and location data patents, available from inventor Ian Cummings. This portfolio is offered as part of the brokerage’s Spring 2017 Patent Catalog, with a bidding deadline of March 9th, 2017.
“This technology is a significant improvement over existing navigation systems, which are fundamental to the success of autonomous vehicles, as well as modern logistics,” said Paul Greco, Sr. VP of Sales at ICAP Patent Brokerage.
Key Characteristics & Benefits
With a 2006 priority date, the portfolio for sale pertains to “server-client” navigators, where some of the functions of the navigator are performed external to the navigation device. The portfolio discloses novel systems and methods for use with navigation units, route generation methods, rich user interface features, a means of reducing the amount of data transmitted by the system, and a novel method of advertising on navigation systems.
Extant technology in this class includes smartphone navigators, connected car and telematics systems, personal navigation devices, autonomous vehicles, and mapping web sites. This is an important portfolio for companies involved in telematics, smartphone navigators, personal navigation devices, in-dash GPS, as well as routing and logistics middleware. The increased use of telematics within the automotive industry has increased the scope of the GPS market to over $26 billion, annually.
See the technical description of the computerized navigation IP sales offering.
To learn more about the intellectual property available for sale in this portfolio:
Contact Michelle Tyler of ICAP Patent Brokerage at (312) 327-4438 or via email at michelle@icapip.com.
If you have a patent portfolio for sale, visit our website to make a patent portfolio submission for an upcoming sealed bid event.
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About ICAP Patent Brokerage
ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.