FIXING THE SYSTEM

We are here to help technology companies to be fairly rewarded for their inventions and to be given fair opportunities to acquire desirable licenses.
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Company

We created the Open Licensing Program to provide a practical solution to high-risk problems. By offering licenses as commodities, we enabled patent owners to utilize the full earning potential of their patents, safely and quickly, and allows operating companies to obtain licenses to high-quality, high-impact patents on fair and reasonable terms. We did so in a way that fully aligns the interests of the community we serve – operating companies selling patents or buying licenses - with ours at all times.

 

 

Uzi Aloush, CEO

Uzi Aloush is the CEO and co-founder of Syndicated Patent Acquisitions Corporation. Mr. Aloush started his career in the Israeli Air Force, where he received the President of Israel Honor for his service. He went on to gain over two decades of experience in technology, law and business development. Prior to founding SynPat, he was the Chief Executive Officer at iLeverage Group, a patent monetization and brokerage firm, where he successfully managed acquisitions and sales of important patent portfolios on behalf of universities and operating companies, as well as inventors and patent aggregators.

Prior to founding iLeverge Group Mr. Aloush was a member of the operation team for IPValue Management, where he worked on patent research and licensing development.  Previously, Mr. Aloush served as Chief Legal Officer at Sakal Group, where he worked on intellectual property transactions, merger and acquisition activities, and all other corporate matters.

Mr. Aloush started his legal career as an associate at Gootfried Wassercug & Co. where his practice included IP licensing and litigation. Before moving to law, he served as an Electronics Engineer at the satellite plant of the Israeli Aircraft Industries, specializing in avionic communication systems and inertial navigation.

Mr. Aloush holds an undergraduate degree in electrical engineering from Israel, a J.D. from Tel-Aviv University, and an MBA in finance and IP strategy from San Francisco State University and UC Berkeley.

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Ron Laurie, Adviser

Ron Laurie is the co-founder and adviser for Syndicated Patent Acquisitions Corp.

Mr Laurie has worked in Silicon Valley since before it had that name, initially as a software and systems engineer and then as an IP lawyer and patent strategist. After a 35-year legal career he launched Inflexion Point Strategy, the first IP investment bank providing patent brokerage and IP-driven M&A advisory services to technology companies and institutional investors around the world.

As a lawyer, Mr Laurie was a founding partner of Skadden Arps’ Silicon Valley office, where he chaired the firm’s IP strategy and transactions practice group for six years and led IP teams in some of the largest high-tech and life sciences M&A, spin-out and joint venture deals ever done, worth more than $50 billion in total. He was also a founding partner of the Silicon Valley offices of Weil, Gotshal and Irell & Manella. He advised clients in the semiconductor, computer, software, communications, media and financial services industries on IP strategy – a subject he has taught at Stanford and Boalt (UC-Berkeley) law schools.

Mr Laurie was an IP litigator for 10 years, handling high-visibility patent, copyright, trade secret and trademark infringement cases in federal and state courts, including representation of Hewlett-Packard (HP) in its successful defence of the ‘look and feel’ copyright infringement suit filed by Apple Computer against HP and Microsoft over the Macintosh user interface.

Mr Laurie is a registered patent attorney and has authored a number of landmark patents, including the Priceline reverse auction patent, which was the first internet business method patent to attract national attention.
Mr Laurie has been an adviser to the US Patent and Trademark Office, the US Copyright Office, the Office of Technology Assessment of the US Congress, the National Research Council, the National Academy of Science and the World Intellectual Property Organisation. He is on the Executive Council of the Berkeley Centre for Law and Technology and the editorial board of The Computer and Internet Lawyer magazine.

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Sanjay Prasad, CIPO

Sanjay has practiced at the forefront of technology and intellectual property for over twenty years. He is experienced in all business and legal aspects of intellectual property from developing IP strategy for senior management to execution of the strategy, including patent portfolio development, deal development and negotiation and monetization. His experience includes:

As outside counsel, advising emerging and established companies on all aspects of patent matters including portfolio development, litigation, infringement matters, technology licensing. As chief patent counsel to a Fortune 100 company, leading the transformation of the patent strategy including its approach to patent procurement, licensing and litigation, and multiple policy, standard setting and software licensing matters. As licensing and business executive - deal development, negotiation and close, patent sales and acquisitions, development of patent licensing programs, building and leading patent licensing/sales teams in the U.S. and abroad.

Sanjay was recently recognized in Intellectual Asset Management Magazine’s 2013 IAM Strategy 300 as one of the world’s leading IP strategists. He has testified before a U.S. Congressional Subcommittee on hearings that led to passage of §19 of The America Invents Act and is a frequent speaker on topics pertaining to IP law.

He has served on the Board of Trustees for the Software Patent Institute, the Executive Committee of  he Association of Corporate Patent Counsel, the Board of the Intellectual Property Owners Association and as Chair of the IP Counsel’s Roundtable of the Information Technology Association of America (ITAA).

Sanjay is admitted to practice in California, Massachusetts, the U.S. Patent and Trademark Office and various federal courts. Sanjay earned his law degree from Syracuse University College of Law where he was an editor of the Syracuse Law Review. He also earned a Masters in Computer Engineering and a Bachelor in Electrical Engineering, both from Boston University.

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Satish Rana, Procurement

Satish is an experienced IP professional who has worked in various technological domains. He has also worked on various patent portfolio assessment assignments. Holding a Masters in Electronics and Telecommunications Satish is a technology enthusiast. Satish also, holds a law degree from Delhi university and an MBA in finance from Symbiosis University.

Satish started his career a leading Indian IP firm where he gained and got interested in patent licensing. Thereafter, he was heading the Hi-Tech vertical managing the complete team. He was also responsible for management of client relations and service delivery. He was also actively involved in patent drafting, prosecution and filing of patents in India. He is also a registered patent agent and has filed various patent applications in India. He also has conducted several hearings with the Controllers and examiners on various patent applications.

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Yoram Haddad, CTO

Yoram Haddad is the Chief Technology Officer at Syndicated Patent Acquisitions Corp. Mr. Haddad is a hands-on engineer specializing in telecommunication standard essential patents with industry-leading experience in patent portfolio analysis and evaluation. He is active in IEEE standard groups: IEE802.11(WiFi), IEEE802.16 (WiMax), IEEE1905.1 and ITU G.9960/61 standards, and has invented several issued patents in the communication domains. Mr. Haddad has an extensive experience in DSP and Real Time Embedded Software and controllers such as ARM, Motorola and Sequance in operating systems as VxWorks.

Mr. Haddad’s technical expertise also includes simulations and research protocols, Hardware, RF, Image processing, and distributed computing.

Mr. Haddad holds a B.Sc and M.Sc, Electrical Engineering Communication and Image processing from the Ben-Gurion University in Israel.

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VISION AND MISSION

Innovation enhances consumer welfare

Innovation is responsible for new products and services that improve lives and address unmet needs, and is essential to sustain economic growth and global competition. It involves a series of steps from idea to commercialization, each of which can be expensive, risky and unpredictable.

Patents Promote innovation

To mitigate the risk involved in the innovation process, patents help innovators to recoup their investment in research and development by excluding others from making, using or selling a patented invention for 20 years.

The Patent System

The patent system is based on the balanced Notice and Remedies mechanism. While the Notice protects competitors’ interest, requiring patentees to inform the public of what technology is protected, the Remediesawards patentees with damages and injunctions following a court finding of patent infringement.

The System’s Inefficiencies

Unfortunately, both the Notice and the Remedies mechanisms are ineffective. Operating companies end up infringing many patents, while patentees' fair reward is obtained only through lengthy and expensive litigation. These problems are far more severe in high technology industries where open innovation is a common practice.

Fixing the System

In open innovation industries where firms develop technologies and products that incorporate ideas originated by others, easy access to licenses is essential for social growth. SynPat was created for operating companies of all sizes who respect the intellectual property rights of others. We believe that such companies should be given a fair opportunity to acquire licenses to patents that legitimately cover their activities – on reasonable terms.

Open Licensing Community

The Open Licensing Program provides technology companies with a unique platform they can use not only to simply and efficiently monetize their own patents in a safe environment, but also to acquire licenses and expand their freedom of operation, under fair, reasonable, and nondiscriminatory terms.

Best Practice Solution

Realizing that an aggregation model could prevent our interests from aligning with the community we serve - operating companies selling patents or buying licenses, we created a the Open Licensing Program, which not only provides solutions to high-risk problems, but also puts us and our clients on the same side of the table at all times. Our revenues come neither from transaction arbitrage nor from membership or subscriptions fees of any kind. Rather, they are uniquely aligned with both the sellers and the participating licensees.

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