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Xerox patent auction delayed

July 17, 2014

auctionOEM responds to requests for additional time before bidding, which had been scheduled for 24 to 29 July.

Democrat & Chronicle reported that Xerox has decided to postpone its planned auction of 239 US patents announced last week,with the auction now scheduled to take place between 11 and 16 September following “numerous requests” for additional time.

The patents, which “came out of research work at its various global R&D centres”, are to be sold in lots each estimated to be worth between $1 million (€734,500) and $10 million (€7.3 million), which will be organised into 26 different technology fields; including  audio communication, touchscreen, web content, networking and print systems.

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