Avanci Welcomes Honda as a Licensee


Dallas, United States:

Today, Avanci introduced that it has signed a patent license settlement with Honda Motor Co., Ltd. Connected autos from Honda at the moment are licensed to the 2G, 3G, and 4G important patents of the 51 licensors that take part in Avanci’s automotive licensing program right this moment, as effectively as others that be a part of as licensors sooner or later.


This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20220921005245/en/


Avanci’s independent marketplace has transformed the way companies share technology. (Graphic: Avanci)

Avanci’s unbiased market has remodeled the best way corporations share know-how. (Graphic: Avanci)

“We are delighted to welcome Honda Motor Co., Ltd., a company driven by the power of dreams, to Avanci,” stated Kasim Alfalahi, founder and chief government officer of Avanci.


Avanci has remodeled the best way corporations share know-how by licensing mental property from many alternative patent holders in a single transaction, at fastened charges, paid as soon as for the lifetime of the car. By streamlining the know-how sharing course of, Avanci supplies automotive producers with an environment friendly and clear strategy to entry the wi-fi know-how wanted for his or her related autos. With greater than 80 collaborating automotive manufacturers, over 100 million related autos on the world’s roads are lined by an Avanci license.


About Avanci


Avanci believes that sharing patented know-how within the Internet of Things period may be less complicated. As an unbiased middleman working on the intersection of various industries, our one-stop answer is designed to carry effectivity, comfort, and predictability to the licensing course of. Since 2016, Avanci has been driving innovation ahead by making connections via our market. Companies with important patents share their improvements with corporations creating related merchandise for the IoT in a single place, with one settlement, and for one honest, flat price. In 2020, the World Economic Forum named Avanci a Technology Pioneer for its work in accelerating innovation for the Internet of Things.

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