BananaIP to Launch a New IP Licensing & Commercialization Service

Bangalore, India, September 12, 2014 --(PR.com)-- BananaIP, formerly Brain League, will be announcing the launch of BIP Group, an Intellectual Property (IP) licensing and commercialization venture. BIP Group is the Indian partner of Bastille, LLC, a leading global IP development and commercialization organization. The announcement will be made on 12th September, 2014, at the “Business Approach to Intellectual Property for IT, Electronics and Telecom Industries” seminar, being organized by BananaIP, at Bangalore. The event will gather renowned speakers in the field of IP and industry leaders from IT, Electronics and Telecom industries.

IP licensing and commercialization refers to the transfer, assignment, or licensing of various forms of intellectual property developed by a person, organization, university or even a country to another. The reason for the transfer is to promote the public good through the development of the IP into useful and usable goods or services that promote economic growth, essentially finding a market for the innovation.

Mr. Sanjeeth Hegde, Partner, BananaIP is also the Managing Partner of BIP Group. Commenting on the venture, Mr. Hegde said, "The BIP Group initiative is aimed at helping the leading universities, research institutes, and organizations in India generate commercial options for their IP and build a sustainable revenue model. Through our partnership with Bastille, LLC, we have a global reach and a network of major corporations looking for IP in-licensing and collaboration opportunities.”

The Seminar is being hosted at Le Meridian Hotel, Bangalore. To keep up-to-date with announcements/news for the seminar or to register, please visit: http://www.bananaip.com/events/business-approach-intellectual-property-it-electronics-telecom-industries/