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.
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.
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.
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, the Remedies awards patentees with damages and injunctions following a court finding of patent infringement.
The System’s Inefficiencies
Unfortunately, both mechanisms are ineffective. Operating companies end up infringing many patents, while patentees’ fair reward is obtained only through lengthy and expensive litigation.
Fixing the System
In open innovation industries, easy access to licenses is essential for social growth. SynPat was created for operating companies who respect IP rights and deserve fair opportunities to acquire licenses on reasonable terms.
Best Practice Solution
We created the Open Licensing Program which puts us and our clients on the same side of the table. Our revenues are uniquely aligned with both the sellers and the participating licensees.
Contact Us
SynPat
One Market Street, Spear Tower, 36th Floor
San Francisco, CA 94105
O: 1-415-805-8818
F: 1-415-805-8819