Sisvel has launched a new fund that will help small and medium-sized enterprises (SMEs) become licensed under its Cellular IoT pool at low or even no cost. The initiative is designed to enable SMEs to enter the market with licensed products in a way that reduces their IP risk while minimising their monetary exposure.
Under the initiative, SME companies that agree to take a Sisvel Cellular IoT licence will pay no royalties on their first 2,000 units sold during the initial two years of the licence. Instead, Sisvel will pay the relevant royalties to the patent owners from a special fund it has set aside for this purpose. The offer is available to SMEs on a first-come first-served basis while funds last.
This programme, which applies globally, is designed to help SMEs operating at small volumes as they enter IoT markets by providing a safe harbour from royalty payments and third-party patent enforcement. This will allow them to focus on what matters: creating products, testing customer demand and refining their offerings. In other words, the freedom to learn, grow and build commercial traction while preparing to meet their IP obligations.
Read more: iotglobalnetwork.com
