From May 8, 2015 through May 22, 2015, Google will open a streamlined portal for patent holders to tell Google about patents theyre willing to sell at a price they set.

Google Portal for Patent Holders

As soon as the portal closes, Google will review all the submissions, and let the submitters know whether they are interested in buying their patents by June 26, 2015.

“If we contact you about purchasing your patent, we’ll work through some additional diligence with you and look to close a transaction in short order. We anticipate everyone we transact with getting paid by late August. By simplifying the process and having a concentrated submission window, we can focus our efforts into quickly evaluating patent assets and getting responses back to potential sellers quickly. “


Article Published May 1st, 2015