Loop Completes Acquisition of Locally’s IP

shot by IP News Shots / 6:50 pm on 19 February, 2021

Loop Insights Inc. has completed the acquisition of intellectual property of Digital2Go Media Networks Inc. (Locally). The acquisition will add to Loop’s capabilities for incorporating Locally’s location data intelligence and consumer engagement. As per the terms of the agreement, Locally will be paid in Loop shares worth $199,500.    

Read More at: https://www.einnews.com/pr_news/535623080/loop-insights-completes-acquisition-of-intellectual-property-assets-of-locally-a-global-location-data-intelligence-company-with-tier-1-clients

Industry: Wireless Communication

MindMed to Acquire HealthMode’s IP and Clinical Trial Platforms

shot by IP News Shots / 6:49 pm on 19 February, 2021

Mind Medicine Inc. (MindMed) has entered into an acquisition deal and is all set to acquire the intellectual property and other assets of HealthMode, Inc. As per the financial details of the deal, MindMed will pay CAD $300,000 in cash in addition to multiple voting shares.

Read More at: https://aithority.com/technology/life-sciences/mindmed-reaches-agreement-to-acquire-healthmode/

Industry: Biotechnology, Healthcare Technology

Red Cat to Acquire Skypersonic Including IP Portfolio

shot by IP News Shots / 8:20 pm on 17 February, 2021

Red Cat Holdings, Inc. will be acquiring Skypersonic, Inc. with the signing of a definitive agreement. The acquisition will give Red Cat access to the intellectual property portfolio held by Skypersonic and its drone technologies.

Read More at: https://www.prnewswire.com/news-releases/red-cat-signs-definitive-agreement-to-acquire-skypersonic-and-its-fly-anywhere-drone-technologies-301228851.html

Industry: Drones

Carl Pei’s Startup Acquires Smartphone Brand Essential

shot by IP News Shots / 5:31 pm on 16 February, 2021

It has been announced that Nothing Technologies Limited has acquired Essential Products. As per the acquisition deal, all the intellectual property owned by Essential will be transferred to Nothing along with all its brand assets.

Read More at: https://m.gsmarena.com/essential_smartphone_brand_acquired_by_carl_peis_nothing_startup-news-47758.php

Industry: Consumer Durables

COMSovereign’s Acquisition Deal with Fastback to Add to Their Telecom IP Portfolio

shot by IP News Shots / 6:45 pm on 02 February, 2021

COMSovereign Holding Corp. has announced the closing of its acquisition of Skyline Technology Partners, LLC (Fastback Networks). As part of the acquisition agreement worth $14 million, COMSovereign will have complete access to the Fastback intellectual property including 65 granted and six pending patents for 5G enabling technologies.

Read More at: https://www.prnewswire.com/news-releases/comsovereign-acquires-fastback-networks-adding-top-performing-sub-6-ghz-backhaul-for-public-and-private-networks-and-expanding-telecom-ip-portfolio-301218931.html

Industry: Telecommunications

Tata to Leverage Acquired IP Rights for Development of Military Aircraft

shot by IP News Shots / 6:38 pm on 02 February, 2021

Tata Group will make use of the intellectual property that it has acquired from a German origin platform for the development and manufacturing of an Indian military aircraft by Tata Advanced Systems Ltd.

Read More at: https://www.mynation.com/india-news/tata-group-acquires-intellectual-property-rights-to-develop-military-aircraft-qnuhnl

Industry: Defense