The IPValue GVI portfolio will be licensed to IPValue’s well-established and expanding network of licensees.
Genesee Valley Innovations (“GVI”), a subsidiary of IPValue Management, has purchased over 3,000 active worldwide patents and patent applications from Xerox Corporation, adding another significant patent portfolio to IPValue’s portfolio.
The portfolio covers a wide range of technologies, including several from Palo Alto Research Center and Xerox Research Center Canada, and is based on nearly two decades of Xerox research.
Network technologies, cloud-based services, semiconductors, document applications, computer vision and image processing, 3D printing, life sciences, energy systems, and many more technologies are covered by these patents. The IPValue GVI portfolio will be licensed to IPValue’s well-established and expanding network of licensees.
Leadership Comments
“We are thrilled to engage in another successful partnership with Xerox,” said Mark Kurisko, General Manager of GVI. “Our team of IP professionals is excited to get to 
work licensing the portfolio, which represents the world class R&D of Xerox as well as innovations from renowned enterprise innovators.”
“Renewing our partnership with IPValue GVI was a strategic decision aligned with our Reinvention,” said Heidi Martinez, Chief Intellectual Property Counsel at Xerox. “IPValue’s expertise gives us a disciplined way to monetize key intellectual property and lets us reinvest in the technologies and services that will drive our future growth.”
“Xerox has over 100 years of history as an enterprise innovator. That legacy continues to this day, enabling Xerox to deliver advanced solutions to its broad base of clients,” said John Lindgren, Chief Executive Officer at IPValue. “This initiative reinforces IPValue’s mission to reward and fuel this kind of innovation by leading enterprises.”
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