MDEC and IP Bridge Sign MoU to Foster New Innovative IP
IP Bridge, Inc. (IP Bridge), a management company of Japan’s first and the largest IP dedicated fund of approximately US$300M mainly supported by Japanese sovereign fund (SPF), Innovation Network Corporation of Japan (INCJ) and The Malaysia Digital Economy Corporation (MDEC), an agency under the Ministry of Communications and Multimedia Malaysia, signed a collaboration agreement today, to enable Malaysian tech companies to leverage on Japan’s vast research & development field for creating innovations in technology as well as entering the Japanese market.
The MoU will see both countries jointly collaborating in promoting development of new intellectual properties (IP) towards innovative technologies. IP Bridge is allocating its Intellectual Property resources to invest in tech companies around ASEAN nations including Malaysia, Singapore, Thailand and Indonesia with the goal to bring the companies to do business in Japan. The push for innovation, particularly in areas such as Internet of Things (IoT), Cloud, Big Data Analytics (BDA), Cybersecurity, e-Commerce and Fintech in addition to artificial intelligence (AI), will benefit both countries in advancing the IT industry within the region. It will also facilitate the implementation of joint projects on research and development, as well as innovations in respect to sustainable smart society development and technologies.
Speaking at the event, Dato’ Ng Wan Peng, Chief Operating Officer of MDEC said, “As Malaysia continues to embrace Digital Economy, it is becoming increasingly important for us to collaborate with other pioneers in this sector to further push the boundaries of innovation.
With this in mind, we are proud to partner with IP Bridge to fast-track the development of the new innovative technologies as well as provide opportunities for businesses from both nations to collaborate and enhance talent capabilities.”
Shigeharu Yoshii, CEO and president of IP Bridge added, “IP Bridge has been expanding its network globally with its initial focus on ASEAN nations, including Malaysia and we are extremely excited working with MDEC. Now, innovative ICT technologies are developing regardless of countries. We can see a lot of opportunities among ICT related countries including Malaysia and Japan. We are sure that this joint work by MDEC & IP Bridge will accelerate the sustainable growth of ICT industries in the both countries and the world.”
About Malaysia Digital Economy Corporation (MDEC)
Malaysia Digital Economy Corporation Sdn. Bhd. or MDEC (formerly known as Multimedia Development Corporation Sdn. Bhd.) is an agency under the Ministry of Communications and Multimedia Malaysia. MDEC has been entrusted to develop, coordinate, and promote Malaysia’s digital economy, information and communications technology (ICT) industry, and the adoption of digital technology amongst Malaysians.
Incorporated on 5th June 1996, MDEC was officially established to strategically advise the Malaysian Government on legislation, policies and standards for ICT and multimedia operations. Additionally, MDEC is also entrusted to oversee the development of the MSC Malaysia initiative, the platform to nurture the growth of local tech companies whilst attracting foreign direct investments (FDIs) and domestic direct investments (DDIs) from global multinational companies to invest and develop cutting-edge digital and creative solutions in Malaysia.
In 2011, MDEC’s mandate was broadened to drive Malaysia’s transition towards a developed digital economy by 2020. In 2012, Digital Malaysia was official unveiled as the nation’s transformational programme to achieve this objective. Digital Malaysia is a national agenda that is fully developed with a sustainable digital economy built upon a vibrant domestic ICT industry, transformative adoption of digital solutions by government, businesses and citizens, as well as a robust enabling ecosystem.
For more information about MDEC, please visit
About IP Bridge
IP Bridge is a management company of Japan’s first and the largest IP dedicated fund with its focus on promoting technological innovation and cooperation within Japan and around the world. IP Bridge has worked with its investors, including Innovation Network Corporation of Japan – a unique partnership between 26 major corporations and the Japanese government – to establish the first fund in Japan aimed at global innovation and IP-related investments. Its mission is to activate and leverage high-quality, under-utilized intellectual property assets to the benefit of a variety of IP owners based in and outside of Japan. And our vision is that these activities will stimulate economic development and a healthy growth of industries worldwide.
It has approximately US$300M fund focused on IP and innovation. IP Bridge owns large, high quality portfolio of 3,500 patents and growing. It is a largest licensor to MPEG-LA AVC/H.264 patent pool and is investing in long-term growth. In addition, IP Bridge is known for our solid reputation and strong networks throughout Japan, Asia, and the rest of the world.
IP Bridge is led by an executive team skilled at IP and broad-based business matters, including entrepreneurship, finance, and legal. Its team is comprehensive in its approach, flexible and creative in its offerings, and always practical in its dealings.
For more information about IP Bridge, please visit