Technologies for transporting Fibre Channel data over Ethernet
Search documents
Alpha Modus Holdings Enters into Funding Agreement in Connection with Broadcom Patent Infringement Lawsuit, Secures Option to Acquire Alpha Modus Ventures
Globenewswireยท 2025-05-01 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]