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Vringo, Inc. Message Board

  • financesajeed financesajeed Mar 23, 2013 11:21 AM Flag

    Industry Trend of IP and Patent Industry

    Virngo Inc. (VRNG) along with its subsidiary companies, are engaged in the innovation, development and monetization of mobile technologies as well as intellectual property. Meanwhile, the company has built reputation in the investors’ community with its quality service offering to the customers. The company’s intellectual property consists of about 500 patents as well as patent applications cover telecom infrastructure, internet search besides mobile technologies. The company has been operating in an industry where the scope to flourish is sky limit. Intellectual property (IP) has been leading the world economy with intellectual services. In 2012, intellectual property as well as patent became the headlines in worldwide media due to industry growth followed by business expansion beyond national boundary, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The billion dollar industry has been growing day after day bringing solutions of new requirement raised from every corner of the globe. The companies engaged in IP services are enriching their portfolio by adding new intellectual assets. Intellectuals are foreseeing good future of this industry in their board room discussions. Business with Intellectual property has created a worthwhile line of business now a day, a stable stream of revenue. The industry trend is very much positive in the last few years and in 2013 the industry is expected to continue the same shape. However, the industry participants have both opportunities as well as challenges to due to a little bit competition in the market. Besides the big participants such as Google, AOL, AAPL, etc, there are some small competitions; which are growing slowly with solid base. Being a peer company, Marathon Patent Group, Inc. (MARA) is a promising participant or competitor of VRNG. MARA has been increasing market share gradually like other peer companies

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