Optimal Auctions Patent Auctions - Helping Value the Invaluable
Patents and Intellectual Property (IP) are quickly becoming the most valuable assets a company holds. As their value has exploded, so has the desire of companies to trade them. But how do you properly value them? How do you know that the price you're buying a patent at is fair? The lack of visibility and liquidity in the patent market makes them extremely tough to value. That's where our patent auction software comes into play - by using an auction process, an efficient market can be created, and you can be assured that the patent you are buying or selling is going to be transferred at the market-driven price!
Optimal Auctions Patent Auctions - Cheaper, Faster, Better-Tested - Guaranteed
Our Patent Auctions are incredibly configurable, allowing us to meet any rules or regulations that you may have with your patent auction. In fact, there are over 89 settings in our auction software, which means no matter the complexity or requirements of your patent auction, you can feel assured that Optimal Auctions can deliver a software solution that will be cheaper, faster, and better-tested than any of our competitors. We guarantee it!
Our Software Makes Everything So Easy, Why Try to Create Your Own?
We would be incredibly happy to show you a demonstration of our software. We are confident that once you see how the software works, and how easily it controls every aspect of your auction, you will never go back to using an Excel spreadsheet. Our software takes care of everything you could imagine - exact timing of rounds, ensuring bids are received in time, ensuring bids adhere to eligility rules, and thousands of other things. Plus, it runs right in your browser, so anyone with a desktop, laptop, or even a smartphone can use our software. Your bidders can simply log on and bid - there's nothing to install!
Call Now For a Demo - 512-947-8273
We will be happy to talk with you about your auction software needs, and will help answer any questions you might have. Patents, patent transactions and patent auctions are only starting to explode around the world right now. Optimal Auctions is at the forefront of this exciting new market, and you can be assured that if you are looking at valuing your patents and IP, Optimal Auctions will be your best solution.
What is a Patent Auction?
A patent auction is built on our SMR Auction software platform. The patents being sold in the auction are each added to the software as their own product (similarly, packages of patents can be bundled together and sold as a product). Bidders (the more, the better) come into the software and place bids on the patents. Each round, bidders are required to keep bidding on the patents, in order to remove the "EBay issue", someone sniping the product at the last minute. All bidders maintain their bids every round, moving their bids around as prices change and their interests in the various patents change with the price. The auction ends when an entire round completes with no new bids from any bidders, and the current prices of each patent are final, with the winning bidder on each patent paying that winning price.
It's an extremely easy to understand and powerful auction methodology to sell patents. It's economically efficient and market-driven, meaning that the patents will only be sold at the highest market-driven price.