b'CASE STUDIESPatentSaleandLicenseTransactionsforFirst-Ever Patent Acquisition by ShopifyGlobalFoundries Shopify,ane-commerceplatformfor GlobalFoundries is the largest semiconductoronline stores and retail POS systems, hired foundry in the United States, with revenuesMintztohandlethecompanysfirst-ever of$5.5billionannually.Thecompanyhaspatentacquisitiontransaction.Inaddition hired Mintz for multiple large-scale patentto handling the purchase, the Mintz team engagements.scoured the market to identify patents that Followingaverysuccessfulglobalmet company-defined criteria to strengthen enforcementlitigationcampaignagainstShopifys portfolio.TaiwanSemiconductorManufacturingLeveragingour experiencein the patent Company (TSMC), the worlds #1 foundry,monetizationspaceandourextensive which resulted in a global settlement amongnetworkofpatentownersandindustry the parties that included licensing and otheranalysts, Mintz was able to identify patents revenuetoGlobalFoundries,Mintzwasfromanumberofdifferentsources.The hired to identify another tranche of patentsteam honed in on multiple portfolios owned forrevenuegeneration.TheMintzteambyaglobaltelecommunicationsnetwork conductedmultipletiersofduediligenceproviderthatfittheprofile,andaftera and identified a series of foundry patentsfurther due diligence effort and discussions withmarketpotentialforanadditionalwiththeclient,weidentifiedthespecific campaign.Weproposedseveraloptionspatents to acquire.forGlobalFoundries,inclusiveofspecificTheteamconductedsubstantivedue strategies for each of a number of infringingdiligence to value the portfolio, negotiated companies.thepatentpurchaseagreements,and GlobalFoundrieschosetofollowaclosedontwoseparatetransactions.The negotiated transactions approach, and MintztransactionsnettedShopify17patent took the lead to implement it. What resultedfamilies containing 50 patents.was a series of license agreements between GlobalFoundriesandseveralmultinational consumer electronics manufacturers and a wrap-up sale of the patents to one of those participants.MINTZ // PATENT TRANSACTIONS // MINTZ.COM 13'