Bullish news!
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Sep 25, 2006 05:34AM
Alliacense Expands Executive Staff to Manage Global Licensing of Technology Patent Portfolios
CUPERTINO, Calif.--(BUSINESS WIRE)--Alliacense today announced the further expansion of its executive staff to manage both current and emerging patent portfolios owned by The TPL Group. Bruce Sanderson, the newest addition to the Alliacense team, has been appointed VP, Licensing. Sanderson follows the appointment of Rich Schuette who was appointed VP, Intellectual Property in April. Collectively, both VPs add more than 40 years of collective experience in global patent licensing.
âWith more and more system manufacturers expressing interest in the Moore Microprocessor Patent⢠(MMP) Portfolio, our licensing activity is growing rapidly,â said Mac Leckrone, Alliacense president. âAdding high-caliber executives such as Rick and Bruce is critical to our continued success in commercializing and licensing the MMP Portfolio as well as other IP assets being developed by The TPL Group.â Leckrone noted that the MMP Portfolio patents, filed by The TPL Group in the 1980s, are fundamental to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players to computers, communications infrastructure, medical equipment and automotive electronics.
About Bruce Sanderson
Sanderson formerly served as Sr. VP of Licensing for IPVALUE Management, a private equity firm funded by Goldman Sachs, General Atlantic Partners and Boston Consulting Group. During his four-year tenure, he led efforts to close over 20 deals generating more than $100 million revenue. During his four-year tenure at Lucent Technologies, most recently serving as subsidiary president of the Licensing Division, he generated several hundred million dollars in revenue from the technology assets of Bell Labs including a portfolio of 26,000 patents. Over the course of his 13-year tenure with AT&T, he led a corporate-wide multifunctional team to establish a holding company subsidiary and the transfer of IP assets valued at $30 billion, which resulted in $25 million tax savings annually. While at AT&T, he evaluated 40 technologies and implemented licensing programs resulting in tens of millions of dollars in royalties. Sanderson holds an MBA from the University of Miami and a BA in Psychology from Tulane University.
About Rick Schuette
Schuette previously worked for Hewlett-Packard in Fort Collins, Colorado where for the last seven years of his 18-year tenure he served as Senior Counsel. His most current responsibilities at HP included house counsel for numerous microprocessor based litigations, the drafting and negotiation of joint development and licensing agreements for the companyâs PA-RISC and IPF microprocessor and chipset development labs, as well as providing IP support for the Open Source and Linux Operation, the Software Global Business Unit (Open View) and Americaâs Marketing Organization. Before joining HP in 1988, he served as a regional attorney over a three-year tenure with Digital Equipment Corporation where he provided IP support for computer and peripherals products. Schuette holds an MA in Financial Management from Catholic University and a Juris Doctorate degree from the College of William and Mary. He earned his BSEE from Catholic University of America where he was also a member of Tau Beta Pi, the National Engineering Honor Society.
About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of intellectual property licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development /management executives, Alliacense focuses on expanding the awareness and value of TPLâs intellectual property portfolios. For more information, visit www.alliacense.com.
Alliacense and Moore Microprocessor Patent (MMP) are trademarks of Technology Properties Limited (TPL). All other trademarks belong to their respective owners.