AR Avatar Technologies Patent Portfolio (SOLD)

Vitek IP, LLC announced that they are the exclusive representative to sell the AR Avatar Technologies patent portfolio originally developed by Wormhole Labs, Inc, an innovator in XR teleportation and interaction.

The AR Avatar Technologies patent portfolio contains 41 assets within 14 patent families, including 28 US patents. The patent portfolio covers patented technology for AR teleportation, morphing an avatar based on skill and behavior, modifying avatar skill based on predicted behavior, and machine curated AI environments. The inventions are applicable to current XR world developing technologies, as well as keenly pivotal for future developments.

Key patents cover customizing the AR experience based on user behavior . The patent has over 15 years of life remaining and is applicable to numerous large corporations offering customized AR and VR experiences. The patented solution allows for customized virtual objects to be anchored to a real-world, walkabout reality.

Vitek IP has developed claim charts outlining the demonstrated use and value of the patented technology.

The AR Avatar Technologies patent portfolio offers the opportunity to acquire a unique patent portfolio with a pivotal AR/VR technology space. The inventions are being implemented by multiple XR providers and XR developers.

Offers for the patent portfolio will be reviewed as they are received, and the patent owner intends to finalize a transaction in Q1 2024. To receive an overview of the portfolio or detailed market materials, contact us via email at info@vitek-ip.com.

About Vitek IP, LLC. Founded by a team with over six decades of experience in IP and tech, Vitek’s patent consultancy, brokerage group, and research organization provides clients exceptional guidance navigating the patent landscape. Vitek team members have developed and managed hundreds of patent transaction engagements for the world’s largest telecommunications, software, and computer companies. For more information, visit www.vitek-ip.com.