What We Do

Reconnaissance is adept at assisting clients in the acquisition of new, strategic intellectual property. This is carried out by sourcing technically, commercially and legally sound IP portfolios through intensive due diligence. Our careful auditing identifies and minimizes any risks or liabilities in acquiring a potential new portfolio. The IP portfolio can include one or more patents, trademarks, copyright and designs. 

Our vast experience in IP transactions comprises our network of 6000+ companies, universities, academic & research institutes, government organizations and 250+ IP firms worldwide. This helps us to find the right portfolio fit for our clients every time. We assist the client through all steps of the process from initial meetings, negotiations, drafting contracts to the finalization of the deal. All of this is conducted in a cost-effective, convenient and hassle-free manner.

What We Do

Reconnaissance works hand in hand with clients to create and develop their entire design/design portfolio monetization strategy. This is a multi-faceted approach with many simultaneous processes that inform the design monetization strategy. It is important to have an understanding of the market trends, conditions and reactions to the design(s) of interest along with competitor landscape and the uniqueness, distinctiveness and aesthetic appeal of the design(s). 

Information on financials for investment, funding or operational purposes and evaluation of potential rewards or returns from the market need to be considered. Risks and pitfalls need to be analyzed with measures put in place to bypass or eliminate them. It is important to stay vigilant through constant auditing to make sure that the design is commercially, legally, and technically sound. Asset scoring and valuation needs to be carried out for the design/design portfolio based on various quantitative and qualitative factors.

It is important to conduct due diligence to find suitable partners for monetization and narrow down to the right partner. Entering into negotiations and contract execution finally leads to monetization through direct or indirect channels such as assignment or licensing. Reconnaissance works with the client at every step from start to finish providing clients with expertise and peace of mind.

What We Do

There are instances where confidentiality is crucial or when the due diligence process requires extensive knowledge transfer thereby barring a widespread public sale of the IP portfolio. The seller may even make the IP portfolio available to a select group of buyers under certain criteria. Reconnaissance assists clients in conducting private sales of their IP portfolios in a discrete, easy and hassle-free manner.

What We Do

Reconnaissance is in the process of collaborating with IP auction houses and companies to bring the concept of IP auctions to patent buyers and sellers from India. There is a lot of untapped potential for the monetization of IP in India. Auctions provide a quick, transparent and efficient way to achieve these objectives for all parties, adjusting for the demand and supply dynamics in the market. This is quite apparent in the jewellery, watch, automotive, furniture, eyewear and other design-intensive industries.

What We Do

Reconnaissance provides 360-degree solutions for clients seeking expertise in IP technology transfer. We provide all-round support for technology transfer of innovations including patents and designs and transaction support for all IP rights including copyright, trademarks, patents and designs. Reconnaissance provides assistance at all levels or any specific level(s) of the process, as desired by the client. 

• Reconnaissance assists clients with creating visually striking, informative and audience relevant presentations to communicate the value, benefits and highlights of their technology/IP. 
• Reconnaissance also assists clients with writing up a comprehensive project report which serves as an internal financial and technical document. This document includes information on the market, expenses till commercialization, funding sources and projected returns on investment amongst other key particulars relevant to the transfer/transaction.
• Reconnaissance helps clients by training them to deliver presentations to potential buyers/sellers/investors. We also provide intensive practice sessions for answering questions.
• Reconnaissance carries out the necessary supplementary activities such as landscape searches providing opinions and intelligence reports, investigations and valuations to assist in the transfer/transaction process.
• With Reconnaissance, clients have clarity and can define their priorities and key asks in any negotiations and in the crystallization of terms of an agreement. We believe in making a deal where there is value created on both sides. Hence, we advise our clients against stringent yet inconsequential conditions that alienate the other party and may be end up closing the deal.

What We Do

Reconnaissance assists clients in the transaction of assignment (selling) of their design rights and entire portfolios. These range from one design to hundreds and thousands of designs either in a single or in multiple jurisdictions. We prepare the required documentation and ensure that all legal formalities are met. 

We create informative and visually striking presentations to assist in the meetings and negotiations. We follow up with the designated design office(s) to ensure that the assignment has been updated accurately in their records and also ensure that it is reflected in the client’s docketing system.

What We Do

On the out-licensing end, we provide licensors worldwide with an in-depth analysis of their design portfolio. This highlights the technical, legal and commercial strengths in order to facilitate favourable licensing terms. We also carry out due diligence and advise the clients on strategies to mitigate any risks that may be detrimental to obtaining a successful licensing agreement. We also assist licensors in finding the right licensing or cross-licensing partners.

Reconnaissance seamlessly assists clients in the transaction of licensing of their design rights. This ranges from a single to hundreds of designs on either an exclusive or non-exclusive basis in a single or multiple jurisdictions. We prepare the required documentation and ensure that all legal formalities are met. We create informative and visually striking advocacy presentations to assist in the meetings and negotiations. 

On the in-licensing end, we carry out due diligence and provide potential licensees with a detailed IP audit. We also conduct an assessment of a design/design portfolio of their interest based on its technical, legal and commercial strengths and weaknesses. This enables the licensee in identifying potential liabilities and infringement risks or lucrative licensing opportunities. 

We also assist potential licensees in sourcing the right design portfolios for licensing from various industries or domain areas and also opportunities for cross-licensing. Reconnaissance advises licensees to obtain licenses on an exclusive or non-exclusive basis for single or multiple jurisdictions across the work. We also look after the documentation and completion of formalities. 

The Reconnaissance team follows up with the designated design office(s) to ensure that the licensor/licensee details and relevant license terms have been updated accurately in their records. We make sure that it is reflected in the client’s docketing system. Reconnaissance also assists the client in monitoring and implementing license compliances.

What We Do

Reconnaissance assists clients in leveraging their design rights or portfolio of designs as collateral for various purposes. It can be useful to obtain loans from public or private institutional investors or to receive funding and grants for continuing R&D. Similarly, it can be beneficial in raising capital for strategic business requirements. It is possible to raise funds through mortgaging designs in this manner without dilution. 

Reconnaissance facilitates such transactions by analyzing and highlighting the working, aesthetic appeal and commercial advantages of the design portfolio, and through mitigation of any legal risks, for example, through cancellation. Reconnaissance assists clients right from structuring the deal to the final execution of the transaction.

What We Do

Reconnaissance works with licensors of designs to assist them in the securitization of their royalties. This helps them in raising funds with public and private institutional investors for business or R&D purposes. Reconnaissance assists clients right from structuring the deal to the final execution of the transaction.