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Providing easy technology sharing solutions across the automotive industry.
Axxes, a leader in automated toll collection systems, is joining Avanci Aftermarket for essential patent licensing, effectively supporting patented technologies used in automotive aftermarket devices.
AVANCI announced today that Axxes, a European innovator in automated toll collection systems, has joined the AVANCI aftermarket program.
Axe has over 40,000 customers in Europe and its devices are currently installed in over 300,000 vehicles on the road.
The Avansi Aftermarket platform, which includes around 40 companies holding essential patents related to 4G, 3G, and 2G, provides licenses for connected products installed in vehicles after the car is sold.
As a patent licensee, Axe has obtained a license to the wireless patented technology, enabling it to drive innovation in the European interoperable Electronic Toll Collection (ETC) market.
“We are delighted to welcome Aksé to the Aksé Aftermarket program,” said Marianne Frydenlund, Vice President of Avanci. “Avanci’s goal of driving innovation in the ETC space aligns with Aksé’s mission to enable product manufacturers to efficiently license their patented technologies for use in automotive aftermarket applications. More broadly, Aksé’s addition to the Aksé platform underscores Aksé’s commitment to providing simple technology sharing solutions across the automotive industry.” “As IoT technology continues to advance, we plan to continuously explore licensing solutions for new categories of connected products,” he said, revealing his future plans.
Automated toll collection systems offer significant benefits, including streamlined toll collection and efficient data collection. The European Commission has partnered with a single European Electronic Toll Service (EETS) provider to establish an EETS that will allow road users to pay tolls and fees across the EU through a single onboard device. Especially for freight transport, this cross-border functionality holds significant potential to improve efficiency for freight transport companies.
“Axe is leading the ETC revolution for freight forwarders, becoming the first registered EETS provider in 2015,” said Frédéric Lepeintre, Chairman and CEO of Axe. “Axe provides value to our customers by selecting and operating the right technology solutions to enable them to run their businesses more efficiently. We support our customers by providing them with not only expertise in toll collection but also smart and convenient mobility solutions. Joining Avanci as a licensee will enable us to continue bringing innovative solutions to the market.”
Avansi continues to revolutionize the way companies share essential technologies. The Avansi program licenses essential patents for technologies developed by thousands of inventors from companies and research institutes worldwide through a single, fixed-fee transaction for the life of the product. Avanci Aftermarket streamlines technology sharing into a single licensing agreement, providing manufacturers like Axe with an efficient and transparent way to access cellular patented technology used in aftermarket devices.
More information about the Avanci Aftermarket program can be found at avanci.com/aftermarket.
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