Optimal IP Strategies

DUE DILIGENCE

Optimal IP Strategies

Due Diligence

Your patents are critical assets that are unique to your company. When you anticipate a sale, licensing agreement, or other transactions, you need a thorough accounting of every item in your portfolio.

At Optimal IP Strategies, our due diligence process provides the comprehensive overview your company needs. First, we learn about your business. Then we review and research a complete intellectual property portfolio. The portfolio can be your company’s portfolio or that of an acquisition target. We assess each patent’s status and determine how it relates to your business.

Optimal IP Strategies

Our Due Diligence Process

In conducting your due diligence review, our patent attorney focuses on each patent’s validity, use, and other key issues. It’s a comprehensive, often tedious process that’s usually contingent upon the number of patents in your portfolio.

The extent of your supporting documentation is a major factor. Companies with extensive patent portfolios often have numerous supporting documents. When this is the case, a review often becomes complex and time-consuming, but it produces solid, dependable results. When we complete our due diligence review, you have a definitive understanding of how your patents fit into your business.

We focus on these and other issues:

  • Inventory: If your company owns an extensive portfolio, you might not have any idea of the number and types of patents. A due diligence review organizes them and establishes a valid inventory.
  • Applicability to Your Products: We analyze your products, their specifications, and other patent-related data. We determine your products’ relevance to your patents and the potential for infringement allegations.
  • Validity and Enforceability: We conduct research to determine if your patent descriptions are comprehensive enough to fully describe your ideas as unique. We search for challenges that may have been issued against your original patent.
  • Ownership Conflicts: We review your documentation for confirmation of the inventor, ownership, and any assignments affecting your rights. We determine if your patent maintenance fees are up to date.
  • Infringement Research: We search other company’s portfolios to rule out potential claims or infringement issues.

Inventory: If your company owns an extensive portfolio, you might not have any idea of the number and types of patents. A due diligence review organizes them and establishes a valid inventory.

Applicability to Your Products: We analyze your products, their specifications, and other patent-related data. We determine your products’ relevance to your patents and the potential for infringement allegations.

Validity and Enforceability: We conduct research to determine if your patent descriptions are comprehensive enough to fully describe your ideas as unique. We search for challenges that may have been issued against your original patent.

Ownership Conflicts: We review your documentation for confirmation of the inventor, ownership, and any assignments affecting your rights. We determine if your patent maintenance fees are up to date.

Infringement Research: We search other company’s portfolios to rule out potential claims or infringement issues.

Optimal IP Strategies

Why Would Your Company Need A Due Diligence Review

A due diligence patent review supports a number of functions. Each company has a different reason for a patent due diligence review. When a company requests a due diligence review, it’s usually related to a financial transaction.
  • Establish a value for patent portfolio licensing
  • Documentation to qualify for venture capital investment
  • Documentation to support a merger or acquisition
  • Determination of valid assets to serve as collateral for a bank loan
  • Establish your company’s value in anticipation of a sale

Establish a value for patent portfolio licensing

Documentation to qualify for venture capital investment

Documentation to support a merger or acquisition

Determination of valid assets to serve as collateral for a bank loan

Establish your company’s value in anticipation of a sale

Optimal IP Strategies

Contact Us

Whether you run a start-up or an established business, you need a confident, expert IP attorney managing your intellectual property issues.

To schedule a free consultation, contact Optimal IP Strategies at (860) 982-6415.

As your outside/inside legal team, we will provide legal and technical expertise for a reasonable price.

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