#USA #Miami #SIM IP #Gurulogic #Patent Acquisition

SIM IP Expands Intellectual Property Portfolio

In a strategic move to bolster its intellectual property holdings, Sauvegarder Investment Management (SIM IP) has successfully acquired more than 200 video coding patent assets from Gurulogic Microsystems Oy, a prominent Finnish technology firm. This acquisition marks a significant milestone for SIM IP, given Gurulogic's reputation for pioneering advancements in video, security, and data technology.

The completion of the acquisition underscores SIM IP's ongoing commitment to diversifying its already robust patent portfolio, which has evolved over the years. Earlier this year, SIM IP made its initial purchase of Gurulogic’s groundbreaking patents related to video technology. With the latest acquisition, SIM IP now oversees an impressive array of over 1,500 patent assets that encompass a variety of technological domains, including video conferencing, streaming solutions, and advanced coding and compression for video and data.

According to Anne-Mari Lummevuo, the Patent Director at Gurulogic, this acquisition is particularly meaningful as it consolidates the collective value of their legacy portfolio. She noted, "After experiencing some fragmented patent sales in the past, it is refreshing to have a team that truly understands the significance and value of our patents, taking them over in their entirety. SIM IP has proven to be the ideal partner for us.”

SIM IP aims to capitalize on the core technologies acquired through this deal as they seek to enhance their licensing opportunities within both established and emerging digital markets. The comprehensive nature of these patent assets enables SIM IP to explore new avenues in innovation, particularly in areas of video and image coding, cloud technologies, and data encryption, which are increasingly relevant in today’s tech landscape.

Mr. Heikki Salmela, Chairman of the Board at Gurulogic, expressed his excitement over the acquisition, stating, “Working with top-tier professionals focused on cutting-edge technology is indeed a privilege, especially as we turn our attention towards future-proof quantum-safe technologies that we anticipate will make a significant impact.”

Management at SIM IP views this transaction not just as an expansion of their asset base but also as an opportunity to enhance their service offerings. Jennifer Burdman, Managing Director at SIM IP, commented, “This acquisition reflects our expertise in executing outsourced monetization transactions, which ultimately provides patent owners like Gurulogic access to new revenue streams. It further empowers us to strengthen our portfolio for partners and stakeholders.”

The acquisition of Gurulogic's patent portfolio will likely enable SIM IP to drive innovation across various industries while supporting the evolution of technology that has widespread applications in everyday business and consumer practices.

About SIM IP

Sauvegarder Investment Management, Inc. (SIM IP) is based in Miami and specializes in investments, financing, and monetization in intellectual property. The firm takes a strategic approach to IP investments across various jurisdictions, focusing heavily on the US, Europe, and Asia. For additional details, visit www.simip.io.

About Gurulogic Microsystems Oy

Gurulogic has a rich history of technological innovation, evolving from video surveillance systems to advanced video and image coding technologies. Currently, they are focusing on cutting-edge cryptographic security solutions. More information can be found at www.gurulogic.com.