DataMetrex Partners with Hilco Global for Patent Monetization

Datametrex AI Limited has announced a strategic collaboration between its subsidiary, Paymetrex Payment Solutions Inc., and Hilco Global. The partnership focuses on monetizing Paymetrex's patent portfolio, particularly in the SoftPOS and mobile payment markets. Hilco Global will provide its expertise in intellectual property valuation and licensing to identify potential commercial opportunities.

Michael Kron, COO of Datametrex, emphasized the partnership as crucial for advancing their patent monetization strategy, leveraging Hilco's extensive experience in IP transactions. This agreement aims to bolster Paymetrex's data-driven licensing program using AI-based analytics.

Hilco's Eric Hurwitz expressed enthusiasm about working with Paymetrex to realize value through strategic licensing initiatives. This collaboration aligns with Paymetrex's goal to explore diverse monetization avenues.