Vivo signs 2G/3G/4G standard essential patent portfolio license with Sisvel
Luxembourg, April 11, 2022 - Today Vivo and Sisvel announced that they signed a portfolio license agreement for 2G, 3G and 4G standard essential patents.
The patent portfolio licensed under this deal includes over 125 patent families (comprising over 1,800 individual patents) deemed essential to the cellular standards. The patents licensed by Sisvel are owned by Mitsubishi Electric, Wilus and Sisvel, with the Sisvel-owned patent portfolios originating from LGE, Blackberry (formerly Research In Motion), Nokia, Orange, and Langbo. These companies all contributed to the creation of the 3G and 4G telecommunication standards that have fuelled global development over the last two decades.
Jin Sam Kwak, CEO of Wilus Inc. (“Wilus”) said: “We are proud to contribute to the success of this agreement through the value of our innovations being captured in the licensed patents to Vivo.” He continued: “Wilus is built around a strong belief in the value of innovation and the collaborative efforts needed to create the standards of the future; our contributions to which is reflected in the extraordinary success of the resulting technology. A deal with a major implementor and innovator such as Vivo rewards that belief and allows us to work in confidence on the next generation of innovation.”
“We came to this deal in a truly collaborative effort between Sisvel, Mitsubishi Electric, Wilus and Vivo, which is a testament to the parties’ capacity to build bridges. The Vivo team’s straightforward approach made working with Vivo a pleasure” said David Muus, Sisvel’s Mobile Communication Program manager. He continues: " With this agreement we now closed deals with companies that represent the overwhelming majority of the handset market around the globe.”
Sisvel is a world leader in fostering innovation and managing IP. The group identifies, evaluates and maximizes the value of IP assets for its partners around the world, providing firms with a revenue stream which can be reinvested in innovation for the generation of future revenues. Sisvel has 40 years’ experience in the management of successful patent portfolios, including those relating to audio compression standards (MP3 and MPEG audio), as well as broadcasting and digital terrestrial television standards maintained by the Digital Video Broadcasting Project. Sisvel operates patent pools and joint licensing programs in the fields of mobile communication, wireless local area networking 802.11, video coding, digital video broadcasting, recommendation engines and broadband access to data networks.
For additional information, please visit: www.sisvel.com.
Media Contact Sisvel Group
Tel: +34 93 131 5570