The Q2 2016 PMI produced the largest quarterly decrease since the third quarter of 2014 and highlights current market volatility,
Portland, OR (PRWEB) October 04, 2016
Global Technology Transfer Group, Inc. (GTT Group), the world leader in patent transaction and patent related advisory services, today makes available the Q2 2016 Patent Market Index (PMI®) and Patent Licensing Index (PLI®) in the September 2016 Patent Transaction Market Report.
The PMI® returned to the same range displayed during 2015, landing at 100.62, an 8.5% decline. This activity matches the trend of previous 10 years with a Q1 gain boosted by year end recording lags and a Q2 return to more typical levels. While not entirely erasing the gain seen in Q1, the Q2 index was the largest single-quarter decline seen since Q3 2014.
The PMI continues to match the market preferences for patentable subject matter, lowered patent value/damage calculations, and highly selective buying practices. These market conditions have maintained an index average in the 100-105 range and there could be additional decline in the third quarter. Secondary patent assignments also returned to the range of 2015.
“The Q2 2016 PMI produced the largest quarterly decrease since the third quarter of 2014 and highlights current market volatility,” says Michael Lubitz, CEO and Chairman of GTT Group. “We believe there is a high probability for further downward movement in the third quarter as transaction momentum shifts to the fourth quarter.”
The PLI® (Patent License Index) followed the trend of the PMI and secondary markets, declining modestly after experiencing a significant mid-quarter spike. The PLI lost ground to the S&P 500, but remained in the steady index range of previous quarters since the index introduction in 2013 even with the Q2 decline. More detail on the performance and quarterly acquisitions of companies composing the PLI is available in the quarterly report.
RPX remained as the top Most Active Deal Maker for Q2 2016, followed by Intellectual Ventures.
GTT Group’s Patent Deal Alert Service was announced over the summer and is available through complimentary subscription basis. Details on this service are available through the press release on the GTT Group website and a link on the press release page leads to the subscription form.
Publications currently available include GTT Group's Patent Annual Deal Review and 2016 Midyear Outlook (June 2016), the GTT Group white papers Patent M&A and IPO Considerations Updated (January 2016). Please contact Collin Low at GTT Group for access to these reports.
Obtain a complete copy of the Patent Transaction Market Report through a complimentary subscription to the Quarterly Patent Transaction Market Report and Patent Market Index. GTT Group makes this information available as a courtesy to the community.
The Patent Market Index (PMI®) tracks patent transaction activity and patent marketplace trends, and is reported quarterly in the Patent Transaction Market Report (PTMR). The Patent Licensing Index (PLI®) tracks activity among publicly traded patent licensing companies to provide comparative performance indicators, and is also reported quarterly in the PTMR.
About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory & consultancy firm. GTT Group combines core competencies in patent analysis, valuation, and market knowledge to deliver unparalleled results. The company’s corporate headquarters are in Portland, Oregon.