Alfalahi, who spoke to the IAM blog shortly after the deal was announced, admitted that implementing the first deal was particularly important. He added: “I think BMW has decided to do what it takes to implement this agreement, because they know they will receive the patent portfolios of 11 companies with a single signature.” About Avanci Avanci`s vision is that sharing technology at scale can be easier for the Internet of Things industry. Our connected world is changing rapidly – and we want to help make it all even faster. Our one-stop solution keeps an eye on the success of the ecosystem and brings convenience and predictability to the technology licensing process. In our new market, those with essential patents can share their innovations, and companies developing connected products for the Internet of Things can access the patented wireless technology they need to succeed – in one place, with a deal and at a fair flat rate. Avanci was founded in 2016 and is headquartered in Dallas. For more information about Avanci, please visitwww.avanci.com. In an important news of the brand, the Fossil Group has signed a worldwide licensing agreement with Bayerische Motoren Werke Aktiengesellschaft (BMW) for the design, development and distribution of BMW-branded smartwatches and smartwatches until 2023. Despite avanci`s patent collection and licensing expertise from Alfalahi and its team, they have had to deal with an automotive industry unaccustomed to the licensing practices of the mobile world and other technology sectors. Traditionally, a complex network of cross-licensing agreements has covered automakers and their supplier universes, meaning patent infringement litigation has been very rare.
The deal with BMW comes nearly 15 months after Avanci officially launched to license 2G, 3G and 4G wireless technology in a range of IoT industries, including cars, smart homes and smart meters. Qualcomm, InterDigital, Ericsson, ZTE and KPN were the first to register as licensors and have since been supported by Sharp, Panasonic and Vodafone. As more and more technologies, including wireless, have been integrated into new vehicles and new players like Waymo have become major players in the development of autonomous vehicles, speculation has mounted that auto giants could be involved in the kind of patent litigation that has dominated the smartphone industry over the past seven years. Avanci and other licensing platforms should theoretically help avoid this type of litigation, but convince the industry to take licenses at a price that works for both patent holders and potential licensees for technologies that are still relatively rare in most cars on the road. “Our agreement demonstrates our commitment to finding common ground between the different industries that need to work together in the Internet of Things,” said Kasim Alfalahi, founder and CEO of Avanci. “Ultimately, we are committed to providing an easier way to manage licenses in the IoT space by considering the business models of patentees and IoT device manufacturers to increase security, reduce risk, and streamline technology sharing for all stakeholders.” As part of its mission to streamline patent licensing for the Internet of Things, Avanci offers license rights on essential 2G, 3G and 4G patents at a fair and uniform flat rate for all vehicles, regardless of price and number of telematics units installed. This rate will not increase beyond the duration of the license, regardless of the number of additional patent holders of the platform that will go beyond the 11 companies that have joined the platform so far in the future. The BMW Group agreement is the first car brand license for the Fossil Group. New accessories will be launched in 2019 and sold worldwide in more than 4,000 BMW retail channels as well as through key retailers in the Fossil Group`s global network. Dallas, Texas – Avanci today announced the signing of a patent licensing agreement with BMW Group, which is largely managed by its telematics unit provider, giving them access to critical wireless technologies from many telecommunications and patent portfolio companies. German auto giant BMW is the first automaker to acquire a license from Avanci, the patent licensing platform for certain verticals of the Internet of Things (IoT) industry led by former Ericsson intellectual property director Kasim Alfalahi. If you would like to know how Lexology can drive your content marketing strategy, please email [email protected].
“Inspired by BMW`s idea, we put all our know-how into developing a production-ready cargo bike,” said Andreas Foti, CEO of Cube. “We have developed an ultra-compact, agile and safe trike that can be used and enjoyed by everyone. The electric mount allows flexible use even outside the urban space, while the compact design is easy and easy to maneuver. Flexible transport options also make it possible to transport almost anything. At the same time, the BMW Group also announces that it has found licensees for its micromobility concepts presented in July. It`s an electric cargo bike and an electric scooter – two vehicles that the Munich company wants to license rather than produce itself. These concepts are now being implemented in cooperation with the companies Cube and SoFlow. Attempts to bundle mobile patents have largely failed in the past because most of the major players such as Qualcomm and Ericsson have refused to register.
This gives Avanci an advantage and Alfalahi claimed that the platform holds about 50% of all standard 2G, 3G and 4G patents. What was missing until BMW`s registration was a licensee. The news was announced late last week with Avanci`s press release, which states that although the license has been agreed with BMW, it is largely managed by the German automaker`s telematics unit supplier. The publication did not name this provider, although according to a 2012 article in Telematics News, the German company Peiker Acustic is the provider of LTE Internet access point technology for BMW. Kosta Kartsotis, Chairman and CEO of Fossil Group, said: “BMW is one of the most iconic brands in the world. We look forward to bringing our watch design expertise and smartwatch capabilities to BMW enthusiasts around the world. » Subscribe here for related information, industry-leading news, and cutting-edge market analysis from global experts. Together with the BMW team, the Fossil Group will design and distribute BMW-branded watches and accessories with the first collections available in 2019.
The collections are sold worldwide in more than 4,000 BMW sales channels and key retailers in the Fossil Group`s extensive global network. The Fossil Group`s portfolio includes fashion watches, jewellery, handbags, small leather goods and wearables. Its own brands include Fossil, Michele, Misfit, Relic, Skagen and Zodiac. Licensed trademarks include Armani Exchange, Chaps, Diesel, DKNY, Emporio Armani, Kate Spade New York, Marc Jacobs, Michael Kors, Puma and Tory Burch. The “Clever Commute” scooter developed by BMW will in future be marketed by SoFlow under the name “SoFlow Concept CLEVER COMMUTE inspired by BMW”. For transport by public transport and/or car, the device can be easily folded up – according to BMW without compromising driving stability. The vehicle should therefore convince private customers, not sharing providers. “At first glance, there is little typical BMW Motorrad in the BMW Motorrad Concept CE 02 – this is something completely new,” says Edgar Heinrich, Head of Design at BMW Motorrad. .