Ofinno’s founder Esmael Dinan and CEO Kavon Nasabzadeh join the Clause 8 podcast to tell Ofinno’s unique story of succeeding in the patent monetization space and talk about its plans for the future.
After spending years as an inventor at a large operating company, Esmael came to the conclusion that most such companies aren’t good at obtaining valuable standard essential patents (SEPs) on their own. This spurred him to found Ofinno in 2011, an R&D lab that would obtain such patents. He almost quit after spending his savings and initially failing to find any buyer for Ofinno’s patents. Instead, Ofinno went on to sell patents to companies like Samsung, Comcast, Huawei, and Honda. Ofinno recently joined Avanci’s 5G Connected Vehicle licensing program and is executing on plans to start its own licensing programs in a wide variety of other technology areas, including next generation Wi-Fi, video compression, and semiconductors.
Esmael and Kavon also discuss:
Kavon joining Offino as its first in-house patent attorney and becoming CEO earlier this year
How Ofinno structures its patent development program to obtain valuable patents
And, much more!
Ofinno: The Little SEP Engine That Could