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AT&T-Uber Patent Sale Caps Off Q1 Brokered Market Deals

May 8, 2017, 9:46 PM

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 ...