More than 318 US patents changed hands in November 2025 across 129 reassignment deals—signaling another month of strategic reshuffling in the patent market.
This isn’t routine maintenance. With 88 pending applications, 36 design patents and even 27 expired assets in the mix, the activity reflects broader recalibrations by operating companies streamlining their portfolios and NPEs sharpening their licensing positions. The composition of these assets reveals growing interest in both early-stage innovation and product-defining technologies.
What’s striking is the breadth of coverage. Patent Transactions spanned semiconductors, medical devices, industrial machinery, wireless and network systems, biotechnology and materials science. This spread mirrors the current innovation pressure points across industries navigating next-gen product development, tighter go-to-market timelines and shifting regulatory or competitive environments.
Each patent transfer marks more than just a registry update. For buyers, it’s a move toward building leverage for licensing, enforcement or ecosystem positioning. For sellers, it often means pruning legacy portfolios or monetizing assets with limited runway. Taken together, these transactions offer a directional map of where IP value is flowing and where the next inflection points may emerge.
If you missed last month’s snapshot, our October 2025 analysis sets the stage for the shifts we’re seeing now.
Which Technology Areas Are Leading in the Latest Patent Transfers?
November’s reassignment cycle offers a revealing glimpse into where innovation pressure and commercial urgency is mounting. Leading the activity were semiconductors, with 27 patent transfers. These deals reflect ongoing efforts to secure strategic positions in chip-level breakthroughs, from advanced architectures and packaging to material-level enhancements. With persistent supply-chain volatility and performance demands in edge computing and AI acceleration, semiconductor patents remain core to future-proofing product pipelines.

Want to dive deeper into how semiconductor patents are shaping innovation, licensing and litigation trends? Don’t miss our in-depth article: Role of Patents in Semiconductor Industry Innovation: Litigation, Trends, and Opportunities.
Close behind, industrial machinery saw 23 patents change hands, highlighting rising investment in automation, robotics and smart manufacturing systems. The reassigned assets hint at a growing appetite for IP that underpins energy-efficient operations, precision engineering and factory-level intelligence.
Network and communication technologies recorded 16 reassignments, a continuation of strategic IP movements in 5G/6G, edge networks and spectrum optimization. In parallel, computer and software technologies also registered 16 deals, showing continued interest in algorithmic advancements, system-level security and digital infrastructure IP essential for cloud-native and AI-enabled platforms.
Medical devices followed with 15 assets, driven by the ongoing fusion of healthcare and tech. Transferred patents touched on connected care, AI-based diagnostics and minimally invasive tools, mirroring how medtech firms are rearchitecting care delivery around data, mobility and patient personalization.
Meanwhile, biotechnology, pharmaceuticals and materials science remained active. These domains continue to see deal flow around next-gen therapeutic platforms, drug delivery technologies and advanced composites, respectively, each playing a critical role in high-stakes, IP-intensive innovation cycles.
Finally, targeted activity in AI and optics, though smaller in volume, signals the emergence of focused innovation clusters, where precision patents in narrow domains often carry high licensing value or standards relevance.
Who Are the Top Sellers and Buyers Who Shaped Patent Transactions in November 2025?
November’s reassignment cycle revealed a clear pattern of strategic IP reshuffling, with both operating companies and NPEs making notable moves to recalibrate their portfolios. Several entities emerged as key sellers, accelerating divestments across domains such as engineering, software, optics and wireless systems.
Norwood Industries Inc led the month’s activity with 30 patents transferred, signaling an assertive portfolio pruning strategy. Senic Inc followed closely with 28 asset transfers, part of a broader streamlining effort that included a single-buyer transaction with Ein Crystal Ltd one of the most concentrated deals of the month.

Among the more strategic transactions, Xiaomi’s transfer of five standards-essential patents (SEPs) to a lesser-known entity, 5G Golf Cars, stood out. While the buyer’s name implies a mobility use case, its digital footprint suggests no commercial operations, placing it closer to a patent-holding or assertion-focused entity.
The fact that all five patents are SEP-declared adds weight to the transaction. SEP portfolios are typically acquired for structured licensing programs, cross-licensing leverage or future monetization, particularly in telecom, where enforceability can span both device and infrastructure ecosystems.
Put simply, this SEP package touches essential technology stacks across multiple sectors. The transfer may reflect Xiaomi’s broader response to sustained NPE litigation pressure. Over the past five years, more than 20 lawsuits have targeted the company, approximately 75% filed by patent assertion entities such as Volteon LLC and Sotat LLC.
To understand the momentum behind these market shifts, take a look at our October 2025 patent transaction review, where early signals of today’s strategic reallocations first started to emerge.

Another key patent transaction involved Senic Inc, a developer known for its work in smart-home interfaces and gesture-driven systems. The company reassigned 28 patents to Ein Crystal Ltd, in one of the largest single-buyer acquisitions of November 2025, which has no public-facing products but continues to accumulate IP across electronics, control systems and consumer-device domains. The move suggests a portfolio consolidation strategy geared toward future monetization.
On the buying side, several IP-focused entities stepped up their activity. 1001355216 Ontario Inc led with 30 acquired patents while Mistwood Partnership, Athena Security LLP and Bloomsbury Design Labs each secured double-digit patent acquisitions.
Nokia Technologies made a more targeted acquisition, securing three patents from Toyota Motor and Wireless System Engineering Finland. These assets align with Nokia’s long-standing investment in next-gen wireless, vehicular connectivity and integrated sensing and may play a role in ongoing standardization efforts within the V2X ecosystem.
November’s deals reflect a marketplace where patents are increasingly treated as financial instruments, bought, sold and repositioned to maximize licensing leverage, reduce risk or open new monetization channels. Sellers are offloading mature or non-core technologies. Buyers, meanwhile, are consolidating around strategic themes: communications, automation, security and advanced sensing.
With over 100 buyers and sellers shaping the patent transfers in November 2025, the details of these patent transactions can offer valuable insights. Interested in accessing the full list? Fill out the form below to get exclusive access to the data.
Who Are the Top Non-Practicing Entities (NPEs) Involved in Selling Patents?
Non‑Practicing Entities remained highly active on the seller side in November 2025, reinforcing their role as dynamic portfolio managers rather than static holders of IP. Several NPEs used the month to rebalance holdings, monetize mature assets and reposition portfolios for future licensing or enforcement cycles.

Pyrite LLC emerged as the most active seller, divesting 18 patents over the month. The scale and timing of these transfers suggest a deliberate effort to extract value from assets accumulated through earlier acquisition phases. Palisade Technologies LLP and Ofinno LLC followed closely, each transferring 16 patents, underscoring their continued participation in the circulation of network, software and security‑focused intellectual property. Additional multi‑asset divestments by Gamba Group Holdings and Creative Planning Business Alliance further contributed to this momentum, highlighting a broader trend of NPEs actively pruning and reshaping their inventories.
One of the more telling transactions involved Palisade Technologies LLP, which reassigned 16 patents to Athena Security LLP, another NPE with a focus on network and cybersecurity technologies. This transfer aligns with Palisade’s established pattern of sourcing assets from operating companies and subsequently redeploying them within the assertion ecosystem. Notably, parts of Palisade’s portfolio trace back to Fortinet‑origin technologies, some of which featured in its 2024 infringement actions against Micron.
The handoff to Athena Security LLP illustrates a growing intra‑NPE redistribution of security‑centric portfolios, where assets are repositioned to entities better suited for targeted licensing or enforcement strategies. These patent transactions point to a maturing market in which NPEs continuously buy, sell and reallocate patents to maximize licensing efficiency.
Who Are the Top 5 Non-Practicing Entities (NPEs) Involved in Patent Acquisitions?
Several Non-Practicing Entities (NPEs) stepped up as key buyers in November 2025, underscoring a continued push toward portfolio consolidation across communication, control systems and automation technologies. Their acquisition strategies reveal a deliberate alignment with licensing-focused growth models and enforcement positioning.

1001355216 Ontario Inc led the activity with 30 patents acquired, emerging as the month’s most aggressive consolidator. Close behind was Ein Crystal Ltd, which secured 28 patents, reinforcing its steady buildup of IP in electronics, embedded systems and control technologies. Though Ein Crystal maintains no public product operations, its rising acquisition volumes suggest an intent to become a licensing-oriented IP vehicle.
One of the month’s most strategically significant transactions came from Ofinno LLC, a well-known R&D and patent-development firm with deep expertise in wireless communication, media encoding and network protocols. Ofinno transferred 16 patents to Bloomsbury Design Labs, an entity that has consistently pursued assets related to communication stack IP.
Bloomsbury, which maintains virtually no commercial presence, has become a repeat acquirer of networking and standards-aligned patents, often targeting assets that sit close to industry-wide implementations. The reassigned portfolio from Ofinno, likely covering innovations around media coding, wireless optimization and protocol efficiency, bolsters Bloomsbury’s growing position in licensing-ready communication IP.
This transfer mirrors a 2025 trend in which R&D-driven operating companies selectively offload mature or non-core patents, while low-profile acquisition vehicles consolidate assets around future monetization potential. In such scenarios, the value lies less in product integration and more in strategic enforcement options, particularly in high-density technology spaces like 5G, video compression and IoT protocols.
Curious about the top non-practicing entities (NPEs) shaping patent assignments? Get the full list of NPEs involved in recent transfers by filling out the form below.
Strategic Patent Transaction: Nokia and Toyota Shape V2X Coexistence Standards
A pair of recently reassigned patent applications, US20240147505A1 and US20240057065A1, reveals a coordinated move between Toyota and Nokia, pointing to early standards-essential positioning in the 5G V2X space.
These patents, now under Nokia’s control, bring together technical expertise from both sides: Takayuki Shimizu of Toyota, with deep insight into automotive safety systems and Claude Arzelier and Kai Erik Sunell of Nokia, both experienced in 3GPP RAN2 coexistence design. The collaboration underscores a long-horizon strategy where automakers and telecom leaders converge to shape future V2X standards, well before formal ratification by 3GPP.
At the heart of these applications is a coexistence problem that 3GPP has yet to fully resolve: how LTE V2X and NR V2X systems will operate concurrently in the same spectrum. As both technologies are expected to co-exist for many years, standardized methods for interference mitigation and cross-RAT coordination are essential.
US20240147505A1 – Cross-RAT Resource Coordination via Sidelink Manager
This application proposes a novel sidelink manager capable of sensing LTE and NR V2X resource usage simultaneously. It introduces a conflict-detection and pseudo control framework that allows devices to avoid overlapping transmissions.
Why this matters:
Neither LTE nor NR sidelink protocols natively detect each other’s transmissions. The solution fills a critical standards gap. If 3GPP adopts cross-RAT awareness as a baseline, any dual-RAT V2X chipset would need to embed this behaviour, placing the technology firmly on a path to standards essentiality.
US20240057065A1 – AGC Protection via Power Shaping in NR Sidelink
The second filing addresses the Automatic Gain Control (AGC) saturation risk when NR sidelink transmissions overlap with LTE subframes. It introduces a power-shaping method using equal-power slot aggregation, ensuring stable and predictable NR emissions during coexistence windows.
Standards significance:
The technique mirrors the direction of RAN1 studies focused on coexistence. If adopted, the method would become mandatory behavior for NR V2X transmitters operating in legacy-coexistence zones.
Interested in insights based on 5G V2X domain, do not miss out on this article: Understanding the current innovation game in 5G V2X domain
Why These Filings Matter in the SEP Context?
Both patents target specific gaps in V2X coexistence logic, gaps that, if standardized, will have wide implementation implications across chipsets, automotive modules and infrastructure components. By acquiring these patents, Nokia positions itself to shape the emerging V2X IP stack, reinforcing its long-standing role as a contributor to and beneficiary of wireless standards.
This move is particularly relevant as automotive OEMs, tier-1 suppliers and network vendors increasingly converge on shared spectrum and communication protocols. Patents like these tied closely to safety, coexistence and regulatory compliance can command cross-industry licensing value.
Curious about how these 5G V2X patents could influence the next wave of 5G standardization? Reach out to us for deeper insights on these high-value assets.
What November’s Patent Deals Reveal?
The November 2025 patent reassignment cycle is more than a snapshot of activity, it’s a strategic compass pointing to where innovation, monetization and enforcement are headed next. From semiconductor realignments and medical device IP migrations to high-stakes SEP repositioning, each transaction reflects deeper recalibrations unfolding across the technology landscape.
What’s becoming clear is this: patents are increasingly behaving like capital assets, traded with precision to support long-term licensing strategies, defend emerging markets or unlock value from previously dormant portfolios. The rise of quiet consolidators, targeted SEP moves and domain-specific NPE clusters signals a maturing marketplace, one where IP is not just protection, but projection.
Looking ahead, we expect this trend to intensify. As new technologies like 6G, AI-at-the-edge, autonomous systems and cross-industry platforms evolve, the competition for high-leverage IP will sharpen. Standards bodies will continue to shape global interoperability, but behind the scenes, patent ownership will quietly determine who monetizes, who negotiates and who leads.

