SOURCE: idealAsset


February 17, 2015 13:00 ET

idealAsset Platform Reduces Intellectual Property Transaction by 60% Between Fortune 100 Company and Public Software Company

idealAsset Platform Successfully Identified and Facilitated an IP Transaction Centered Around Hand Gesturing for Smartphones, Tablets and Other Device Screens Between Two Publicly Traded Global Companies

AUSTIN, TX--(Marketwired - Feb 17, 2015) -  idealAsset, a division of Fluid Innovation Group, Inc., announces an intellectual property transaction between a Fortune 100 and TSX traded software company with the technology centered around gesturing for smartphones and tablets. Typical IP transaction deals take an average of 300 days to complete. idealAsset reduced this by 60%.

This transaction was identified and facilitated by the idealAsset's matching platform that simplifies the traditionally arduous tasks of asset and prospect research. In addition, it consolidates and verifies disparate sources of IP information, buyer interests, transaction data, patent analytics and other real time market intelligence to provide comprehensive -- credentialed matches. It then finds and prioritizes those matches, providing a double opt-in model insuring security and confidentiality. idealAsset innovates innovation by reducing the time to transact IP by up to 80%.

Commenting on recent transaction, Tom Hochstatter, CEO of idealAsset and Fluid Innovation, said:

"This win clearly demonstrates that our solution enables the transaction of Intellectual Property in weeks, not months or years. We look forward to continuing to develop our relationship with these new clients as we seek to expand and enhance their current IP portfolios."

About idealAsset

idealAsset is the industry's first enterprise SaaS solution for matching buyers and sellers of intellectual property to help business and academia realize the full potential of their IP assets in an efficient and accessible market. Our platform reduces the time to find, value, prioritize and close intellectual property transactions. idealAsset was developed by Fluid Innovation, an Innovation Accelerations company based in Austin, TX.

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