Uber Technologies Inc.'s purchase of ride-hailing and other software patents from AT&T Inc. topped off light deal activity in the first quarter of 2017 in the U.S. brokered patent market.
A transaction involving the sale of 86 patent assets by telecommunications giant AT&T to ride-hailing service Uber was the largest deal, in terms of the total number of patent assets, during the quarter, according to a review of data provided to Bloomberg BNA by Richardson Oliver Law Group LLP.
Uber acquired AT&T patents covering technologies for messaging, billing and geolocation in ridesharing in March, Patent and Trademark Office assignment records ...