Adapt IP Ventures, LLC, a leading IP transaction and advisory firm, is representing Intelligent Energy Ltd. in the sale of a diverse patent portfolio which is no longer core to fuel cell engineering company Intelligent Energy’s current product development roadmap.
This subset of Intelligent Energy’s patent portfolio includes more than 1,100 patent assets and related technologies, primarily related to portable fuel cells. The patent portfolio and related assets can be applied to low-power fuel cell and energy storage applications, such as consumer electronics and portable power.
Intelligent Energy is a fuel cell engineering business built on 30 years of PEM fuel cell development. Intelligent Energy has built its extensive global IP portfolio through both internal research and development efforts as well as external asset acquisitions.
The underlying technology areas covered by the patent portfolio include fuel cells, fuel cartridges, fuel compositions, interface components, control strategies and other portable fuel cell systems. The patented technologies have, in some instances, been reduced to actual practice and proven in functional products. Such technologies could be available in a technology transfer deal structure that supplements the portfolio sale.
The offering represents one of the largest fuel cell related patent portfolios and technology offerings in the market and will allow the new owner the opportunity to quickly bring innovative products to market and protect market share.—Grant Moss, President of Adapt IP