Constituent Company: 8x8, Inc.
NASDAQ CM: EGHT
Industry Sector: Telecommunication Services
Average IPQ® Score: 136
Earlier today, 8x8 Inc announced their inclusion in the Ocean Tomo 300® Patent Index. We are pleased to see their inclusion and look forward to watching their growth going forward.
8x8, Inc. is a Silicon Valley-based pioneer in the development of cloud-based VoIP, video, mobile, call center and unified communications solutions.
The company leverages its patented software technologies to deliver industry-leading SaaS applications to businesses, achieving $70 million in FY11 revenue.
The U.S. issued patents in 8x8’s portfolio have an average IPQ score* of 136.
An excerpt from the news release:
The Ocean Tomo 300 represents a diversified portfolio of 300 companies that own the most valuable patents relative to their book value and includes well-known names such as Hewlett Packard, InterDigital, Pfizer and Tellabs. This year, 8x8 joins 79 companies contributing to the index for the first time.
Since its establishment in 1987, 8x8 has been awarded seventy-eight (78) United States patents covering a variety of voice and video communications, signaling, processing and storage technologies. Recently, the company was granted United States Patent number 8,027,332 entitled "Virtual Telephone Extension." The patent issued on September 27, 2011 relates to call routing to user communication devices.
"For 25 years 8x8 has lead the industry in technological innovation," said Bryan Martin, 8x8 Chairman and CEO. "We are proud to be included in the OT300 with other well-known industry names. This will further raise awareness of our company and mission to help businesses flourish using our patented technology solutions."
*IPQ Scores: IPQ scores objectively rate patent assets based on a proven statistical methodology. The IPQ score has a median of 100. Patent assets with higher IPQ scores are statistically more likely to generate economic returns. Learn more about IPQ scores.
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