Vitek IP Announces the Availability of XR Gesture Recognition Patent Portfolio Post in Uncategorized XR Gesture Recognition Patent Portfolio (PENDING) Vitek IP, LLC announced that they are the exclusive representative to sell a key patent portfolio related to AR/VR gesture recognition technology. The XR Gesture Recognition patent portfolio contains 27 U.S. patents within 11 patent families. The technology is broadly applicable across industries which utilize VR, AR, and gesture recognition technology, including gaming, manufacturing, commercial & residential construction, social media, and medical applications. The patents disclose systems and methods for detailed gesture recognition in a VR environment in combination with simplified image processing. The key patents are applicable to virtual and augmented reality manufacturers which design and produce VR technology including gesture tracking and recognition. One key patent discloses facilitating use of gestures by defining a smaller interaction volume within a larger 3D space. The February 2011 priority date precedes the launch of VR headset products integrated with gesture recognition, and the estimated average 2033 expiration allows for future VR and AR innovation. The XR Gesture Recognition patent portfolio offers a unique opportunity for a company to acquire pivotal AR/VR patents with significant use from major market products and services. The patent owner has shuttered operations and is divesting all IP interests. Offers for the patents will be reviewed as they are received, and the patent owner intends to finalize a transaction at the beginning of 2023. To receive an overview of the portfolio or detailed market materials, contact us via email at info@vitek-ip.com. Review all of Vitek’s available patent portfolios, or contact us to inquire about private offering portfolios not publicly offered. About Vitek IP, LLC. Founded by a team with over four 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 transactions for the world’s largest telecommunications, software, and computer companies. For more information, visit www.vitek-ip.com.