equanimous
Norse clairvoyant shapeshifter goddess
17 red flags = I need to close my shorts, dip it more
BRN Discussion Ongoing
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Yoda
Regular
I've had an interesting email exchange with Ken Scarince that I thought you might be interested in. I sent an email to the company as follows and had the following response:
The questions I asked in my email were:
'1. Why are Renesas not mentioned on the Partner page? Do we still have an IP Licence agreement with Renesas?
2. The partnerships: Is there a written partnership agreement with each of the partners? If not, how do we protect our IP and profit from the partnerships once products are developed?'
The Response from Ken Scarince was:
'Thanks for your note. I received your investor relations inquiry from our sales team.
We do indeed have an active IP agreement with Renesas. They are not considered an ecosystem partner, rather they are considered a customer. We define partners as companies or institutions with whom we collaborate on designs or applications using our combined technologies as opposed to a customer where we simply license our IP to them and they incorporate into their products for sale. And yes, we do have a written partnership agreement with each partner that very clearly defines who owns what to prevent any IP “pollution”. Typically, there is little risk of IP issues arising as the goal is to create something that requires a customer to purchase or license the core products from each partner. In some cases, the partners simply use our products to demonstrate the capabilities of their products when combined with Akida. But in any case, it goes through a thorough legal review process'
This means that we have a partnership agreement with each partner and that the goal is to develop products to on sell to their customers. As I suggested in an earlier post, this seems to be consistent with my view that the partnerships were really a way of getting companies on board quickly with Akida without the up front cost of an IP Licence. It also means that when the joint products are produced, they potentially have a ready customer base with our partner's customers. I think this puts in context the commercial purpose of the partnerships and makes you realise just how significant they are. It also means that we have products being developed by multiple partners now. Imagine what is going to happen when all the partners are ready to sell the products to their customers. It makes you start to think that in due course all these partnerships are potentially much more commercially significant than they might at first appear. (I don't wish to reopen the debate about whether they should have been announced on the ASX - no one will care about that when all the products are being sold in the market and the $$$ are rolling in)
The questions I asked in my email were:
'1. Why are Renesas not mentioned on the Partner page? Do we still have an IP Licence agreement with Renesas?
2. The partnerships: Is there a written partnership agreement with each of the partners? If not, how do we protect our IP and profit from the partnerships once products are developed?'
The Response from Ken Scarince was:
'Thanks for your note. I received your investor relations inquiry from our sales team.
We do indeed have an active IP agreement with Renesas. They are not considered an ecosystem partner, rather they are considered a customer. We define partners as companies or institutions with whom we collaborate on designs or applications using our combined technologies as opposed to a customer where we simply license our IP to them and they incorporate into their products for sale. And yes, we do have a written partnership agreement with each partner that very clearly defines who owns what to prevent any IP “pollution”. Typically, there is little risk of IP issues arising as the goal is to create something that requires a customer to purchase or license the core products from each partner. In some cases, the partners simply use our products to demonstrate the capabilities of their products when combined with Akida. But in any case, it goes through a thorough legal review process'
This means that we have a partnership agreement with each partner and that the goal is to develop products to on sell to their customers. As I suggested in an earlier post, this seems to be consistent with my view that the partnerships were really a way of getting companies on board quickly with Akida without the up front cost of an IP Licence. It also means that when the joint products are produced, they potentially have a ready customer base with our partner's customers. I think this puts in context the commercial purpose of the partnerships and makes you realise just how significant they are. It also means that we have products being developed by multiple partners now. Imagine what is going to happen when all the partners are ready to sell the products to their customers. It makes you start to think that in due course all these partnerships are potentially much more commercially significant than they might at first appear. (I don't wish to reopen the debate about whether they should have been announced on the ASX - no one will care about that when all the products are being sold in the market and the $$$ are rolling in)
Damo4
Regular
I've had an interesting email exchange with Ken Scarince that I thought you might be interested in. I sent an email to the company as follows and had the following response:
The questions I asked in my email were:
'1. Why are Renesas not mentioned on the Partner page? Do we still have an IP Licence agreement with Renesas?
2. The partnerships: Is there a written partnership agreement with each of the partners? If not, how do we protect our IP and profit from the partnerships once products are developed?'
The Response from Ken Scarince was:
'Thanks for your note. I received your investor relations inquiry from our sales team.
We do indeed have an active IP agreement with Renesas. They are not considered an ecosystem partner, rather they are considered a customer. We define partners as companies or institutions with whom we collaborate on designs or applications using our combined technologies as opposed to a customer where we simply license our IP to them and they incorporate into their products for sale. And yes, we do have a written partnership agreement with each partner that very clearly defines who owns what to prevent any IP “pollution”. Typically, there is little risk of IP issues arising as the goal is to create something that requires a customer to purchase or license the core products from each partner. In some cases, the partners simply use our products to demonstrate the capabilities of their products when combined with Akida. But in any case, it goes through a thorough legal review process'
This means that we have a partnership agreement with each partner and that the goal is to develop products to on sell to their customers. As I suggested in an earlier post, this seems to be consistent with my view that the partnerships were really a way of getting companies on board quickly with Akida without the up front cost of an IP Licence. It also means that when the joint products are produced, they potentially have a ready customer base with our partner's customers. I think this puts in context the commercial purpose of the partnerships and makes you realise just how significant they are. It also means that we have products being developed by multiple partners now. Imagine what is going to happen when all the partners are ready to sell the products to their customers. It makes you start to think that in due course all these partnerships are potentially much more commercially significant than they might at first appear. (I don't wish to reopen the debate about whether they should have been announced on the ASX - no one will care about that when all the products are being sold in the market and the $$$ are rolling in)
Great post GD, I think it's important to also note that whilst Renesas are not "partners" and are instead customers, that's not to say some of our ecosystem partners can't be both in the future. I assume once they become customers, they may still being working as partners on future products and technology.
alwaysgreen
Top 20
My Friday WAS going so well!
mrgds
Regular
To quote our most beloved ex Australian Prime Minister for anyone reporting the amount of "off topic posts " today
"IS A BUM " ( Americas Cup 1983 )
Been a great Friday of fun/banter, ..................
......................
@Esq.111 ............. fascinatingly intuitive call this morning ........................
Bring on next week .................. Avagoodwegend all
AKIDO ( my godo those toeseos are awfulos ) BALLISTO
"IS A BUM " ( Americas Cup 1983 )
Been a great Friday of fun/banter, ..................
......................@Bravo ................. are you sure you didn"t photo shop Mr Hoskins face onto your own body pic ? ....................
@Esq.111 ............. fascinatingly intuitive call this morning ........................
Bring on next week .................. Avagoodwegend all
AKIDO ( my godo those toeseos are awfulos ) BALLISTO
D
Deleted member 118
Guest
Is it just me today, or do others get the sense that a pyromantic is moving among us.
I sense a burning smell, may be it's the start of a very big burn-off of rubbish or trash, I haven't detected the source as yet, maybe just
maybe by next week a huge pile of ash will confirm my initial thoughts.
The sensation could well get stronger the closer when get to 4pm today...I just wonder
Bravo
If ARM was an arm, BRN would be its biceps💪!
Eeeeeeuuuuww! That video of me is SOOOO EMBARRASSING!Great way to end the week.
Hope everyone has a great weekend!
I danced WAY better than that after sinking a few more sherberts. One of my thongs flew right off my left foot and hit the bass guitarist in the back of the head.
D
Deleted member 118
Guest
buena suerte :-)
BOB Bank of Brainchip
I thought I had the copyright for that!
Deadpool
Did someone say KFC
I believe the next one will be in Tahiti
Labsy
Regular
Nice prediction Esq...Good Morning Chippers,
It's probably just me...... but I'm getting the feeling we may see some EXPLOSIVE share price appreciation today.
.
ACUDA BALLISTA.
Regards ,
Esq.
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