Ottawa-based intellectual property management company Mosaid is changing its name.
MOSAID chief executive John Lindgren. (Provided)
The company, now known as Conversant Intellectual Property Management, also announced on Thursday that it has doubled the number of patents it manages after two large deals.
The deals, with two large technology companies headquartered in the United States and Asia, add over 6,600 patents and patent applications Conversant’s portfolio.
"Companies with extensive patent holdings are turning to specialized intellectual property management firms such as Conversant to help them realize full value from their patented inventions," said John Lindgren, the company’s president and CEO, in a press release.
The company said it is also in negotiations with Qimonda AG to provide licensing services for the troubled German tech company’s 7,500 patents.
Over the past five years, Conversant has tripled its staff and increased its patent portfolio five-fold.
The company, which was taken private in 2011, has offices in Ottawa, Texas and Luxembourg.