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License Executive Society USA & Canada

The Ubiquitous World of Internet of Things (IoT) Connected Devices – and the Coming Tsunami of Patent Licensing

  • 27 Mar 2024
  • 11:00 AM - 2:00 PM
  • Hewlett Packard Enterprise

All-star panel! Avanci, Ericsson, Hitachi and (former) Samsung
March LES Silicon Valley Chapter In-Person Event
Encourage your clients and colleagues to attend!

The Ubiquitous World of Internet of Things (IoT) Connected Devices –
and the Coming Tsunami of Patent Licensing

Join with a panel of leading licensing experts representing licensees, licensors and joint licensing programs, for a discussion of how this multi-billion-dollar licensing business will unfold.

Wednesday, March 27, 2024
11:00 a.m. – 12:00 p.m. – Registration, Networking, Lunch
12:00 p.m. – 1:30 p.m. – Program
1:30 p.m. – 2:00 p.m. – Networking

Hewlett Packard Enterprise
6280 America Center Drive, San Jose, CA
Parking available in parking lot behind HPE.

Thank you to our Chapter Meeting Sponsor:

Early bird rate until March 18, 2024
Online registration ends March 26, 2024


A recent report from McKinsey estimates that the IoT industry could enable $5.5 trillion to $12.6 trillion in value globally by 2030. A study by Ericsson predicts up to 24 billion inter-connected products (e.g., mobility, medical devices / healthcare, smart homes / offices, industrial equipment & more) by 2050. The key to enabling such scale and value is standards-based connectivity and interoperability. Everything will be wirelessly connected. Products will talk to each other and the back-end infrastructure, sending instructions, content, software, usage reports and much more.


Because connectivity standards are covered by patents, and every product must follow the standards, patent licensing is inevitable. The first big waves of connectivity patent licensing involved computers, cellular handsets and connected cars. The next big wave (and possible tsunami) will be IoT devices. The patent licensing revenue could run into the tens of billions of dollars. Technology developers, product manufacturers, users, joint licensing programs and governments are all gearing up to address this opportunity. But the IoT space is huge and diverse, with vastly different usage cases, value propositions, profit margins compared to handsets, computers and connected cars.



·        Understanding the key issues & challenges in IoT licensing

·        Who are the players, and what are the strategies, opportunities & timing

·        What’s old? What’s evolving? What’s new?

CLE: 1.5 hours CLE credit available (California).


Ken Korea, Partner, Colev Law   Linkedin
Ken specializes in structuring and negotiating technology transactions, including patent licensing and technology-driven mergers and acquisitions.  He previously served as Senior Vice President of IP at Samsung Electronics and oversaw hundreds of patent acquisition, licensing and transaction matters.  Ken personally negotiated three of the largest patent cross licenses and formation of an IoT standard development organization.  He was involved in some of the largest SEP litigation in the telecommunications industry and is currently a counsel in an international arbitration case involving SEPs.  Ken also serves as an independent arbitrator and mediator for American Arbitration Association, ICDR, and other ADR panels.   Ken received his BSEE from Cornell University and his JD from Northwestern University School of Law.  He served as a federal judicial law clerk and as a federal prosecutor and practiced patent litigation and transaction as a partner at leading US law firms.

Qudus Olaniran, Vice President, Avanci   LinkedIn
Qudus Olaniran is Vice President at Avanci, the independent provider of patent licensing solutions, which works at the intersection of different industries to bring efficiency, convenience, and predictability to the licensing process. Qudus leads projects for several programs including Avanci Vehicle and Avanci IoT.  With more than a decade of experience in IP management and strategy both for patent owners and technology implementors, Qudus is an attorney with expertise in patent portfolio strategy, patent licensing, acquisitions and divestments, and conflict resolution.  Before Avanci, Qudus was a senior corporate counsel in the Microsoft IP group, and practiced law as a patent litigation attorney at Orrick, Herrington & Sutcliffe and Perkins Cole in Silicon Valley. Before his legal career, Qudus was an electrical engineer, in hardware design positions at Intel, Sun Microsystems, and several Silicon Valley start-ups.  Qudus has a BS in Computer Engineering and an MS in Electrical Engineering from University of Illinois at Urbana-Champaign, and a JD from Santa Clara University School of Law.

Sean Clark, Director of North America IPR & Licensing, Ericsson   LinkedIn
Sean Clark is currently a Director of IPR & Licensing for Ericsson, Inc., a Swedish telecommunications company.  With more than 60,000 granted patents, Ericsson has emerged as holding the strongest portfolio in cellular technology, and is the lead holder of 5G essential patents.  Sean has worked for over 20 years licensing patents across a variety of companies and technologies.  Prior to joining Ericsson, Sean was a Director of Licensing at TiVo, Inc., monetizing TiVo’s extensive media technology portfolio.  Sean has also worked in similar roles at Microsoft, Intellectual Ventures and Lattice Semiconductor.  Sean holds an LL. B. from the University of Birmingham, UK and an LL.M. from McGeorge School of Law.

Satoshi Matsuo, Vice President, Intellectual Property Group at Hitachi America, Ltd.   LinkedIn
Satoshi is vice president and general manager, intellectual property group, Hitachi America, Ltd, which is a regional headquarters of Hitachi group companies in the USA. He is responsible for all IP activities of Hitachi America, Ltd, and his team provides patent prosecution and IP legal support services to Hitachi group companies in the USA.  He joined Hitachi America, Ltd, in April 2022, and he reports to the chief IP officer of Hitachi, Ltd, which is a holding company of Hitachi group company.  Before joining Hitachi America, Ltd, Satoshi was the head of IP transaction department of Hitachi, Ltd, where he managed the team that handles licensing, sales of IP assets, IP litigation settlement, IP legal consultation services including drafting and negotiating IP contracts, merge and acquisition support, inventor compensation support, trade mark prosecution and consultation, counterfeit problem, and domain name issues.  As he was heavily involved in standard essential patent related negotiations, he served a member of the “Study Group on Licensing Environment of Standard Essential Patents” organized by the Japanese Ministry of Economy, Trade and Industry. He was also a member of the Licensing Executives Society Japan. He received LLM from Boston University School of Law, and is an attorney at Law in New York.

Joe Yang, Partner, PatentEsque Law Group   Linkedin
Joe is a partner at PatentEsque Law Group, LLP. He represents U.S, Japanese and European companies in tech transactions involving complex IP issues and/or industries that historically didn’t interact with each other, in patent licensing, cross-licensing, pools & sales; and as an expert witness for high stakes licensing disputes.  Joe is also a Lecturer in Law at Stanford Law School, teaching the "Technology and Patent Licensing" course. In addition, he chairs nationwide licensing programs at the Practising Law Institute. He was previously VP & General Counsel of Cryptography Research, Inc., whose technology is licensed for use in credit card chips, phones, printers and content in excess of 10 billion products/year. Joe also developed, enforced & defended the company’s patent portfolio, and oversaw the company’s acquisition for $400+ million. Earlier, Joe co-founded and later led the “IP Strategy & Transactions” practice at Skadden Arps (Silicon Valley).  He is recognized by Intellectual Asset Management (IAM) and Super Lawyers. He is a board member of the Licensing Executives Society - Silicon Valley chapter.  Joe was originally a research engineer. He holds a J.D. from Stanford and a Ph.D. (engineering) from the California Institute of Technology.


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