IPValue Affiliate Licenses Sandisk

IPValue Management, Inc. announced that it has granted Sandisk Corp. a worldwide, nonexclusive patent license to a patent portfolio held by IPValue’s affiliate Longitude Flash Memory Solutions, Ltd. that originated from Cypress Semiconductor.

IPValue and its affiliates concurrently granted licenses to other of its portfolios, and those agreements resolved all outstanding patent disputes between the parties.

“We are pleased to have had productive negotiations with Sandisk, leading to a suitable and amicable resolution,” said Amit Garg, VP, IPValue, and GM, LFMS program. “We remain committed to our mission of promoting innovation by generating fair value from the patent portfolios of the world’s top innovators, allowing prominent product companies like Sandisk to operate freely under license. Licensees who have worked with IPValue know that we are fact-based and fair, and we have the flexibility to meet their needs.”