Longitude Licensing
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Longitude Licensing - overview
Established
2013
Location
Dublin, -, Ireland
Primary Industry
Business Support Services
About
Longitude Licensing Ltd. is an intellectual property management firm specializing in the maximization of value derived from patented technologies for global patent owners, focusing on licensing services across multiple technology domains. Founded in 2013, Longitude Licensing Ltd. is based in Dublin, Ireland, specializing in intellectual property management.
The company underwent a strategic acquisition by Vector Capital from Sterling Partners in July 2016, enhancing its operational capabilities. Longitude was established by a group of professionals with extensive experience in patent management and licensing. Longitude Licensing Ltd. provides specialized services for the management of extensive patent portfolios, including over 8,000 active patents within sectors like semiconductor design and consumer electronics.
The firm facilitates licensing agreements, enabling technology companies to utilize patented innovations while minimizing litigation risks. Their client base includes prominent technology firms across North America, Asia, and Europe, particularly those focused on advanced semiconductor and display technologies. In the fiscal year 2022, Longitude Licensing Ltd. reported a revenue of USD 172.
26 mn and an EBITDA of USD 79. 28 mn. The company's revenue model is primarily based on structured licensing agreements, allowing businesses in the technology sector to leverage patented technologies without infringing on existing intellectual property rights. Longitude Licensing Ltd.
aims to introduce new licensing products to better serve its clients, although specific release dates have not been disclosed. The company is also targeting expansion into emerging markets in Asia by 2025, focusing on regions that demand innovative semiconductor solutions. The recent acquisition and funding will support these growth initiatives, enabling the company to enhance its service offerings and increase market penetration.
Current Investors
Vector Capital
Primary Industry
Business Support Services
Sub Industries
Intellectual Property
Website
www.longitudelicensing.ie
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Longitude Licensing - timeline of key events
Longitude Licensing - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 103,551,000 | 14,136,000 | 17,122,000 | 101,678,000 | 85,222,000 | 49,698,909 | 60,598,102 | - | - | - |
| % Revenue Growth (YoY) | - | - | (86.3%) | 21.1% | 493.8% | (16.2%) | (41.7%) | 21.9% | - | - | - |
| EBITDA (USD) | (21,297,000) | 18,111,000 | (13,850,000) | 6,490,000 | 51,275,000 | 27,915,000 | 11,847,751 | 16,796,170 | - | - | - |
| Operating Income (USD) | (21,374,000) | 18,006,000 | (13,934,000) | 2,903,000 | 47,738,000 | 24,395,000 | 8,350,379 | 14,893,670 | - | - | - |
| Operating Margin | - | 17.4% | (98.6%) | 17.0% | 47.0% | 28.6% | 16.8% | 24.6% | - | - | - |
| % EBITDA Margin | - | 17.5% | (98.0%) | 37.9% | 50.4% | 32.8% | 23.8% | 27.7% | - | - | - |
| NET Income (USD) | (21,357,000) | 18,137,000 | (15,063,000) | 377,000 | 42,836,000 | 21,633,000 | 5,523,479 | 13,941,516 | - | - | - |
| % Net Margin | - | 17.5% | (106.6%) | 2.2% | 42.1% | 25.4% | 11.1% | 23.0% | - | - | - |
Longitude Licensing - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Longitude Licensing | - |
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Longitude Licensing - employee data
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