Jaime Siegel, the former executive vice president of litigation and licensing at Acacia Research Corp. (ACTG), says his new intellectual property advisory firm Cerebral Assets LLC will provide IP strategy advisory services to industry including large companies and startups.
“We’ll capitalize on my 25 years of experience on both sides of the licensing business,” Siegel said in an interview.
In his LinkedIn profile, he highlights “25 years of experience covering all aspects of Intellectual Property matters. Extensive experience with top NY law firms (7+ years), 15+ years with Sony as Senior Patent Counsel as well as executive management of a public patent licensing company. This combined experience enables Cerebral Assets to provide specialized guidance to entities looking to participate in the global economy.”
Siegel’s tenure as executive vice president of licensing and litigation at Acacia was from May 2014 to July 2015. Prior to that he was a senior vice president from June 2013 to May 2014. Before that, he spent 14 years at Sony Corp. of America in various positions including representative to Taiwan, vice president and senior IP counsel, IP counsel and senior patent attorney.
He’s also the inventor of three patents for: audio visual digital content delivery; device and method for detecting localization, monitoring and identification of living organisms in structures; and for a portable music player with pay per usage and method for purchase of credits for usage,
Siegel said Cerebral Assets also will provide expert witness testimony for licensing discussions and litigation.
In addition, Siegel expects to provide IP advisory services to investors who have an appetite for patent investing.
“I expect expert witness testimony to provide pretty steady revenue. Corporate advisory work will be the biggest contributor and then advisory work for investor because there are more players among corporations.”
Siegel said depending on the contracts that come in Cerebral may do some contract hiring for specific projects.
He will continue to be based in Newport Beach, Calif.
—To reach the reporter responsible for this story please contact Dan Lonkevich at 707 318-7899