Chevy Chase, MD (PRWEB) November 08, 2012
The Medici Portfolio, LLC today announced that Ogma LLC, a Medici-managed company, has successfully licensed its patent portfolio to numerous companies in the consumer electronics industry. In 2011, at Ogma’s request, the United States International Trade Commission instituted two investigations into the infringement of the patent portfolio by 38 companies. The investigations were titled Certain Motion-Sensitive Sound Effects Devices and Image Display Devices (Inv. No. 337-TA-773 and 787). Ogma also filed suit in the District Court for the Eastern District of Texas.
Ogma entered into agreements with inventors in the consumer electronics field to license and enforce their patents. Under those agreements, the inventors transferred ownership of the patents to Ogma and in return Ogma would share any licensing revenues with the inventors. As a result of Ogma’s licensing achievements, Ogma was able to provide substantial monetary returns to inventors who had included their patents in Ogma’s portfolio.
ABOUT THE MEDICI PORTFOLIO, LLC
The Medici Portfolio, LLC manages companies which partner with patent owners to license their inventions. Information about The Medici Portfolio, LLC is available at http://www.mediciportfolio.com.