INSIDE Secure in NFC patent licensing deal with France Brevets
The licensing program will make the INSIDE Secure NFC patents available to device manufacturers building the next generation of products that will support a wide range of contactless payment, transit, access control, loyalty, ticketing and other services.
Under this agreement, France Brevets will manage and lead all the efforts under the NFC licensing program. It will give device manufacturers access to the INSIDE Secure NFC patents, which include both essential and implementation-specific approaches for NFC. The licensing program will address multiple categories of NFC device manufacturers, such as those making smartphones, feature phones, tablets, laptops, PCs, TVs and smart meters.
“We are delighted to announce this strategic agreement with France Brevets and to be able to give the industry access to the unique NFC technologies developed by INSIDE Secure over the last 12 years under fair and reasonable conditions. We value the long-term approach taken by France Brevets and their commitment to deliver value over the technology adoption cycle,” said Remy de Tonnac CEO of INSIDE Secure.
“We are extremely proud to support one of the leading French technology companies,” said Jean-Charles Hourcade, general manager of France Brevets. “We are enthusiastic about launching this licensing program which will both foster a rich ecosystem and ensure a legitimate reward to INSIDE Secure for their investment in research.”
Created in March 2010, France Brevets is the first investment fund fully dedicated to patent promotion and monetization in Europe. Funded with €100 million, France Brevets deploys a broad array of legal, financial, technical and commercial resources, leverages its resources and network of experts to monetize patents or acquire patent rights for innovative ecosystems.
INSIDE Secure’s market-leading SecuRead and MicroRead products take advantage of these NFC patents. INSIDE’s current and future device manufacturer customers, therefore, benefit directly from purchasing these products without the need for separate patent licensing.
France Brevets has already started to rollout the licensing program at www.francebrevets.com.
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