
Avanci
Avanci is a company that provides a licensing platform for companies that make connected devices, such as smartphones and cars, which use wireless technologies like 4G and 5G. It simplifies the process by offering a single, uniform license that grants access to essential standards for using patented wireless technology. This streamlines negotiations, reduces legal risks, and ensures manufacturers can legally use necessary patents without dealing with multiple patent owners individually. In essence, Avanci acts as a facilitator that helps technology companies efficiently access and utilize licensed wireless patents, fostering innovation and cost-effective deployment of connected products.