IP Licensing · glossary
The sale of one business out of a group. IP that only the business sold uses usually goes with it. IP the rest of the group still needs stays with the group, and the business sold gets a licence. Chapter 1 · see Licence
Explained in Chapter 1, What a Licence Is, and Why This Deal Needs One, of IP Licensing.
When a group sells one business out of many, the sale is called a carve-out. Inside the group, a factory simply uses the group's brand, drawings and software. So every carve-out has to answer one question: who keeps which IP after the sale?Read Chapter 1, What a Licence Is, and Why This Deal Needs One →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of IP Licensing and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open IP Licensing → · All terms A–Z →