IP Bridge, Inc. [Chiyoda-ku, Tokyo, President, Shigeharu Yoshii] (IP Bridge) announced that its wholly-owned subsidiary, IP fund, has purchased a portfolio of video codec related patents from Panasonic Corporation [Kadoma City, Osaka, President, Kazuhiro Tsuga](Panasonic) .

The portfolio is a part of Panasonic’s achievements based upon its long-term advanced development, standardization, and commercialization activities in the field of video codec technology. This video codec technology is utilized for encoding and decoding functionalities implemented by a broad range of products such as Television, Blue-Ray Disc, Smartphone, Tablet, and etc.
By this additional purchase of Panasonic’s video codec related patent portfolio, IP Fund managed by IP Bridge will become a licensor in a Patent Pool administrated by MPEG LA, LLC.
This is the first time for IP Bridge to be a licensor of patent pool since its establishment in July, 2013 and by including this portfolio provides IP Bridge with multiple opportunities for driving its licensing activities., not only through the bi-lateral negotiations but through patent pool.

Introduction of our business :
IP Bridge is a management corporation of IPs and funds. By accumulating valuable dormant IPs developed by sophisticated operating companies, IP Bridge deploys services contributing to open innovation in various forms, such as commercialization supports and implementation of one-stop licensing of IPs for establishing new business (Innovation Service), IP licensing services under reasonable and fair terms (Licensing Service), and defensive services for reducing IP risks that threatens operating companies (Defense Service).