Network-1 Receives New Patent From U.S. Patent Office Expanding Ots M2M/IoT Patent Portfolio To 51 Patents Worldwide
Portfolio Pulse from Benzinga Newsdesk
Network-1 Technologies, Inc. has been granted a new patent by the U.S. Patent Office, expanding its Machine-to-Machine (M2M)/Internet of Things (IoT) patent portfolio to a total of 51 patents worldwide. This development strengthens the company's intellectual property position in the rapidly growing M2M/IoT sector.
March 01, 2024 | 1:47 pm
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Network-1 Technologies, Inc. has expanded its M2M/IoT patent portfolio to 51 patents worldwide with the acquisition of a new patent from the U.S. Patent Office.
The acquisition of a new patent by Network-1 Technologies, Inc. (NTIP) significantly enhances its intellectual property in the M2M/IoT sector, which is expected to grow rapidly. This expansion of its patent portfolio could potentially lead to increased licensing opportunities, partnerships, and a stronger competitive position in the market. Given the importance of patents in the tech industry, this development is likely to be viewed positively by investors and could lead to a short-term increase in NTIP's stock price.
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