IP Communications

VirnetX Holding Corporation, a premier provider of secure real-time communications and collaborations technology has partnered with ipCapital Group, Inc., a major intellectual property (IP) strategy consulting and licensing firm.

 

VirnetX will utilize ipCapital Group's experience in IP management to expedite the licensing of its extensive patent portfolio.

 

"We believe this strategic alliance will compliment VirnetX's licensing business and will result in a strong revenue stream which we plan to apply to our ongoing R&D efforts," said Kendall Larsen, president and CEO of VirnetX. "With more than 10 years of experience and an exemplary track record in the IP brokerage industry, we are confident that we have found an excellent partner in ipCapital Group that will provide a sustainable competitive advantage for VirnetX."

 

ipCapital Group has agreed to support VirnetX in strategic planning, development, assessment and implementation of VirnetX's IP licensing program. ipCapital Group will also find licensing partners that can leverage VirnetX's unique virtual private network and encryption technology. ipCapital will help VirnetX strike ‘transfer of technology’ deals with suitable partners.

 

 

By partnering with ipCapital VirnetX hopes to gain early licenses and seize the ensuing business opportunities. VirnetX plans to make licensing integral to its operations. VirnetX is investing a great deal in R&D and its results would soon be seen in the form new innovations and thus new patents in its already broad portfolio.