Our forecast has the index remaining at this level or dipping slightly within the normalized range during Q4.
Portland, OR (PRWEB) December 18, 2014
Global Technology Transfer Group, Inc. (GTT Group), the world leader in patent transaction advisory services, releases the Q3 2014 Patent Market Index and Patent Licensing Index in the December 2014 Patent Transaction Market Report.
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.
The Q3 2014 PMI™ showed an expected return to 108.2 from the Q2 2014 record-setting index high of 128.6 points. This 20.4-point drop in the index (16%) represents a normalizing trend in the PMI within the range forecasted by GTT Group in the previous Q2 2014 PTMR. The monitored Patent Asset Transfers also returned closer to the traditional norm.
“This decrease in the Q3 2014 PMI is in line with GTT Group expectations and past estimates”, reported Michael Lubitz, CEO and Chairman of GTT Group. “Our forecast has the index remaining at this level or dipping slightly within the normalized range during Q4.”
The Q3 2014 PLI also showed a return to previous levels with an index of 1258, declining from a high of 1467 recorded in the Q2 period. The PLI tracks differently when compared with the S&P 500, reflecting the need to watch this business segment separately from more general indexes. Current court decisions and legislation are affecting this segment and should be watched closely. GTT Group publishes its quarterly Patent Value Report in January 2015 with a focus on recent events that are impacting patent value.
Intellectual Ventures led the Most Active Deal Makers list for the second quarter in a row, followed by Apple Corporation, RPX and Google Inc.
Obtain a complete copy of the Patent Transaction Market Report through subscription to the Quarterly Patent Transaction Market Report and Patent Market Index by visiting the GTT Group Quarterly Report subscription. 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. 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.