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Siemens AG Patents and Patent Applications Relating to Data Networking and Data Processing Systems To Be Sold at ICAP Ocean Tomo Live Intellectual Property Auction on July 23rd in Chicago

2009-07-14 13:44
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CHICAGO--(BUSINESS WIRE)--ICAP Ocean Tomo– a division of ICAP (IAP.L), the world’s premier interdealer broker – today announced it will offer for sale a desirable portfolio of patents and patent applications held by Siemens AG, a global electronics and electrical engineering company, on July 23rd in Chicago at The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference with essential information regarding all lots available immediately online at http://catalog.oceantomoauctions.com.

The Siemens lot comprises over twenty patents and patent applications relating to data networking and data processing. Conventional data processing and networking systems suffer from multiple problems. Specifically, conventional memory accessing techniques either provide unrestricted access to memory by user program code, thereby making processing system vulnerable to wrong system code, or implement dedicated hardware based authorized memory access. Further, conventional voltage regulation techniques employ separate additional transistors other than the integrated circuits (ICs). Also, conventional internet protocols do not ensure quality data transmission while transmitting with non uniform data rate and they do not take care of setting up adequate buffer for smooth viewing of videos.

The patents and patent applications included in the auction provide solutions to these problems. The '858 patent provides secured memory access conveniently through software, thereby providing cost savings on hardware. To improve on the requirement for additional transistors, the '523 patent provides for a charge pump within the IC for linear voltage regulation preventing the supply voltage from falling below the critical value. To improve data transmission quality, the '736 patent provides a mechanism which ensures adequate bandwidth is reserved and buffer is maintained for receiving data.

“Assets in this lot will be of interest to any business entity engaged in designing, building, selling or using data processing and networking systems” said Dean Becker of ICAP Ocean Tomo, “and should be extremely valuable for companies looking to improve their data networking and processing patent portfolios today.”

The technology being sold has been cited as prior art in patents by numerous firms including Hewlett-Packard Company (NYSE:HPQ), Toshiba Corp. (TSE:6502), Sony Corporation (NYSE:SNE), and Micron Technology Inc. (NYSE:MU)

To request further information about this Lot or to submit IP for consideration by Ocean Tomo Auctions or for inquiries regarding these lots, contact 312.377.4851 or auctions@oceantomo.com.

About Auctions by ICAP Ocean Tomo

ICAP Ocean Tomo has received global recognition as the pioneer and leader in the live auctioning of intellectual property assets. Over the past three years since inception, nine Live IP Auctions across the US and Europe which have transacted millions, benefiting sellers such as sold inventors, small and mid-size companies, large corporations, investors, and others. Hundreds of key decision makers in the IP and financial communities attend and participate in auction events, including C-level executives, IP and business professionals, investors, inventors and media professionals. The auctions have been featured on CNBC, Bloomberg TV, The Wall Street Journal, Barron’s, Red Herring, BusinessWeek, Reuters and more.

About ICAP Ocean Tomo

ICAP Ocean Tomo leverages the talents of experienced intellectual property monetization professionals to match buyers and sellers for the sale of patents and other intellectual property assets in private sale transactions, multi-lot live IP auctions and through Patent/Bid-Ask, the first and only brokerage and online marketplace for Intellectual Property.

ICAP Ocean Tomo offers broad-ranging expertise and unparalleled credibility not currently available in the emerging patent marketplace, continuing ICAP’s standard for excellence and innovation. Combining its brokering expertise and world-class customer service, ICAP Ocean Tomo brings stability and liquidity to the patent monetization marketplace and is currently the intellectual property brokerage of choice for IP assets in both the primary and secondary markets.

Our veteran brokers have expertise in IP revenue generation, technology deployment and law. The team uses their vast knowledge of marketplaces across many sectors throughout the United States, Asia and Europe to deliver highly-valued transactions for client benefit.

On June 16, 2009, ICAP and Ocean Tomo, LLC announced that ICAP had purchased the transactions division of Ocean Tomo. The new name for the division is ICAP Ocean Tomo.

About The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference

The ICAP Ocean Tomo Summer IP Markets 2009 Auction & Conference will be held in Chicago on July 22nd -23rd at The Drake Hotel. To register for the CLE approved conference program visit www.IPMarkets2009.com.

About ICAP

ICAP is the world’s premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, equities and equity derivatives through voice and electronic networks. ICAP has an average daily transaction volume in excess of $2.3 trillion, more than 40% of which is electronic. ICAP is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.

 

Contacts

Media Contact
For ICAP Ocean Tomo:
Kristi Stathis
773-294-4360
kstathis@klsedition.com