Datametrex, Hilco Global partner to advance patent monetization

Datametrex (DTMXF) AI’s Paymetrex Payment Solutions entered into an agreement on March 23 with the IP Services Practice of Hilco Global, a global financial services and advisory firm, to support the monetization of Paymetrex’s patent portfolio. Hilco Global offers a comprehensive suite of intellectual property advisory and related capabilities across its platform of companies, including valuation, structured sales processes, intellectual property auctions, direct investment, licensing strategies, and brand monetization initiatives. Through this collaboration, Hilco will work with Paymetrex to evaluate and execute on opportunities to unlock value from its patent portfolio. The engagement will focus in on assessing opportunities related to the rapidly evolving SoftPOS and mobile payment acceptance market, where Paymetrex believes its patent portfolios are vastly relevant.