One of the highlights of the meeting was recognizing the High-Tech Sector's 2017 Deal of Distinction Award for AT&T's patent sale to Uber.
These awards are presented annually to promote creative and innovative solutions and recognize the most exceptional IP business deals of the year.
This ground-breaking deal represents a major acquisition of 87 issued patents and 5 patent applications by Uber from AT&T. The AT&T acquisition gives Uber a portfolio of patents having priority dates pre-dating Uber's formation in 2009, as well as most of the ridesharing industry in general. The IP covers various technologies related to messaging, call handling, routing network traffic, VoIP, and billing. Five of the AT&T patents are specifically related to ridesharing.
I had the honor of presenting the award to representatives of AT&T (Dave Kaufman, Director, Intellectual Property) and Uber (Kurt Brasch, Head of Patent Transactions, and Matt Kuipers, Patent Counsel) at the award lunch ceremony; I have also had the pleasure of hosting a Fireside Chat discussion of the deal and the key takeaways for LES members.