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Alpha Modus Holdings Enters into Funding Agreement in Connection with Broadcom Patent Infringement Lawsuit, Secures Option to Acquire Alpha Modus Ventures
BroadcomBroadcom(US:AVGO) Globenewswireยท2025-05-01 12:50

Core Viewpoint - Alpha Modus Holdings, Inc. has entered into a patent monetization and funding agreement with Alpha Modus Ventures, LLC to support litigation against Broadcom for alleged patent infringement related to Fibre Channel data transport technologies [1][2][4] Company Overview - Alpha Modus Holdings, Inc. specializes in AI-driven retail technology, focusing on enhancing consumer engagement and optimizing in-store experiences [6] - The company is headquartered in Cornelius, North Carolina, and aims to lead retail innovation through strategic partnerships [6] Patent Litigation Details - The agreement involves funding litigation efforts for U.S. Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover technologies believed to be infringed by Broadcom [2] - The litigation is currently active in the United States Western District Texas Court and is part of a broader strategy to monetize the company's growing intellectual property portfolio [4] Strategic Implications - The CEO of Alpha Modus Holdings, Inc., William Alessi, emphasized that this transaction reflects the company's commitment to aggressive intellectual property enforcement and could be transformative financially and strategically [3] - An option agreement has been executed that allows Alpha Modus Holdings, Inc. to acquire 100% of Alpha Modus Ventures, LLC, which would consolidate patent ownership and strengthen enforcement actions [3]