Nordic Semiconductor and patent pool administrator Sisvel have announced a groundbreaking agreement for the licensing of standard essential patents (SEPs) related to LTE-M and NB-IoT cellular technology. This agreement aims to provide a simplified and transparent process for IoT device manufacturers to obtain end-product licenses from over 30 patent owners.
The cellular IoT market is experiencing a surge of innovation from a wide range of companies, from startups to established corporations, in areas such as smart health, smart energy, smart cities, and asset tracking. However, the lack of predictability and transparency in accessing and licensing SEPs has posed significant challenges, potentially hindering the development and adoption of IoT solutions.
By offering standardized licenses, this new agreement will reduce business uncertainty and the risk of litigation. Companies can now focus on what they do best: developing innovative products and services for the IoT market. This streamlined licensing process will contribute to a more efficient future for cellular IoT development.
“Nordic Semiconductor has always been at the forefront of wireless technology, and we understand the importance of accessible and standardized licensing for the advancement of the IoT industry,” says Øyvind Birkenes, Nordic’s EVP Long Range. “We believe that this solution is a significant step towards a more efficient future for cellular IoT development.”
Sisvel CEO Mattia Fogliacco adds, “We are thrilled to have a unique licensing program for cellular IoT that is backed by more than 30 patent owners. This new agreement addresses a critical need in the IoT ecosystem, creating a balanced and transparent licensing environment that supports innovation and growth for all stakeholders.”
The licensing initiative is expected to bring much-needed transparency and predictability to the IoT market and provide a level playing field for all participants. Nordic Semiconductor hopes that other industry players will recognize the importance of this work and join the patent pool solution, fostering a collaborative environment that drives the rapid growth of cellular IoT devices worldwide.
About Sisvel:
Sisvel is a company committed to bridging the needs of patent owners and those seeking access to their technologies through collaboration, ingenuity, and efficiency. They develop flexible and accessible commercialization solutions to create a level playing field in the complex and evolving marketplace.
About Nordic Semiconductor:
Nordic Semiconductor is a leading provider of end-to-end wireless connectivity solutions. They specialize in Bluetooth Low Energy technology and are emerging leaders in Cellular IoT, NR+, Wi-Fi, Matter, Thread, and Zigbee wireless technologies. Their solutions enable millions of IoT devices to connect, driving smarter, safer, and more sustainable solutions globally. Nordic Semiconductor is known for their world-class hardware, software, and development tools that offer excellent support to their customers and partners.
Source: [Business Wire](https://www.businesswire.com/news/home/20240509154129/en/)
For more information about the licensing initiative, please contact:
Sisvel: [email protected]
Nordic Semiconductor: [email protected], [email protected]
The article discusses a groundbreaking licensing agreement between Nordic Semiconductor and patent pool administrator Sisvel. This agreement aims to streamline the licensing process for standard essential patents (SEPs) related to LTE-M and NB-IoT cellular technology. By providing a simplified and transparent process, this agreement will make it easier for IoT device manufacturers to obtain end-product licenses from over 30 patent owners.
One of the key advantages of this licensing initiative is the reduction of business uncertainty and the risk of litigation. With standardized licenses available, companies can focus on developing innovative products and services for the IoT market without the fear of legal challenges. This will contribute to a more efficient future for cellular IoT development.
The licensing initiative is also expected to bring much-needed transparency and predictability to the IoT market. The lack of accessibility and standardized licensing has been a barrier to the development and adoption of IoT solutions. With this agreement, the licensing environment becomes more balanced and transparent, creating a level playing field for all participants.
In terms of market trends, the cellular IoT market is experiencing a surge of innovation from various companies, including startups and established corporations. This innovation spans across different sectors such as smart health, smart energy, smart cities, and asset tracking. The licensing agreement will support this rapid growth by providing a collaborative environment that fosters innovation and drives the development of cellular IoT devices worldwide.
However, it’s important to acknowledge that there may be challenges or controversies associated with this subject. One potential challenge could be the reluctance of some patent owners to join the patent pool solution. It will require the cooperation and support of a broad range of industry players to fully realize the benefits of this licensing initiative.
For more information about the licensing initiative, you can contact Sisvel at [email protected] and Nordic Semiconductor at [email protected] or [email protected].
See the original article on Business Wire for further details.