Ocean Tomo Auctions has announced the sale of a key wireless patent portfolio directly relevant to broadband standards such as 802.11n, 802.16 (WiMax) and 802.20. This portfolio will be offered by Aquity LLC at the Ocean Tomo Spring 2007 Live Intellectual Property Auction on April 19 at the Union League Club of Chicago.

The Aquity patent portfolio covers fundamental inventions in two of the most important emerging wireless technologies — multiple-input multiple-output (MIMO) and orthogonal frequency-division multiplexing (OFDM). The inventions provide significant cost, performance and network capacity improvements over existing broadband wireless systems.

“We are excited to include the Aquity portfolio in our spring auction,” said Dean Becker, vice chairman of Ocean Tomo. “Patent applications from major technology companies have been rejected by the USPTO citing these cornerstone patents. Companies in the wireless broadband business are now being presented with an opportunity to acquire this key portfolio and uniquely position themselves in the marketplace.”

Posted: 02|27|07 at 8:59 am. Filed under: US News.