Avaya has divested its networking patent portfolio to PowerBridge Networks, a newly introduced patent-licensing company founded by intellectual-property veteran Dr. Donald Bitting. The transaction includes more than 500 patents and patent applications across roughly 390 patent families, covering a range of enterprise networking technologies used in telecommunications and IT infrastructure. By transferring these assets, Avaya is divesting a significant portion of its networking patent portfolio.
PowerBridge Networks plans to organize and license the acquired patents to technology companies that incorporate these networking innovations into their products and services. The company’s strategy focuses on acquiring patents that are no longer core to the original owner’s business and enabling broader commercialization through licensing. For Avaya, the sale reflects a continued shift away from legacy networking technologies as the company concentrates on its cloud communications and contact center platforms. Learn more from the original announcement.