The decreased PMI level is a reflection of the marginal quality of the available patents on the market coupled with the high selectivity of purchasers, not a reflection of the market’s stability.
Portland, OR (PRWEB) May 02, 2013
Global Technology Transfer Group, Inc. (GTT Group), the world leader in patent transaction advisory services, announces the release of the April 2013 Patent Market Outlook and Q4 2012 Patent Market Index. The Patent Market Index is a quarterly index tracking patent transaction activity and patent marketplace trends.
The Patent Market Index recorded a decrease of 14.4 points or 13.4 percent, from 106.8 in Q3 to 92.4 for Q4. “The decreased PMI level is a reflection of the marginal quality of the available patents on the market coupled with the high selectivity of purchasers, not a reflection of the market’s stability," says Michael Lubitz, CEO and Chairman of GTT Group. “The downward adjustment confirms the current oversupply and commensurate low quality assets and is a natural reaction to several past seminal transactions.”
Communications and related mobile device technology dominated the transfer landscape, reflecting continued growth in mobile broadband infrastructure and related applications. To obtain a complete copy of the Patent Transaction Market Report, subscribe to the Quarterly Patent Transaction Market Report and Patent Market Index by visiting GTT Group online. GTT Group makes this information available as a courtesy to the community.
About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory firm. The company’s corporate headquarters are in Portland, Oregon, with representation in North America, Asia, and Europe.