Tech+IP Advises Avaya on the Largest Patent Sale Since Early 2023

Arlington Technologies, a subsidiary of Dominion Harbor Group, a leading patent licensing organization, announced last week that it had acquired 1,500 patent assets related to the Voice-over-IP (VoIP) technology widely used in the industry today by telephony providers, enterprise collaboration solutions, and leading consumer social networks, as reported in the IAM Magazine.

David Pridham, Dominion Harbor CEO highlighted that the market knows Avaya for its “blue-chip portfolios”, and that this VoIP portfolio was one of the best patent portfolios they’ve seen in years.

Avaya, founded in 2002 as a spinoff from Lucent Technologies and AT&T is a recognized innovator in IP communications, voice, networking  and collaboration technologies.  It emerged from financial restructuring in 2023.  Tech+IP advised Avaya in its re-organization processes, creating “a strategy of selective divestments” in non-core IP areas, and ultimately in the recent reported transaction.

Ed Fish, co-founder of Tech+IP stated that “Avaya felt strongly it was important to conduct a robust process that included operating companies, aggregators, and of course licensing entities – given that the objective is to optimally monetize these assets”. He added that the “large and robust process” also operated in the context of Avaya being “a good corporate citizen.”

Avaya’s patent portfolio continues to number in the thousands of patents, with core patents supportive of its enterprise communication and contact center businesses, as well as non-core patents related to earlier divestitures, such as networking (Avaya sold its networking business unit to Extreme Networks in 2021), and numerous other subject matters.

Tech+IP served as an exclusive financial advisor to Avaya in this transaction.