Established in 2017, with offices in the US and the Netherlands, Innovative Foundry Technologies LLC (IFT) is a patent acquisition, management and licensing company.
Developed by a pioneer in integrated circuit technology, IFT's patents address novel transistor and packaging technologies, including copper interconnect, dual stress liners, Silicon Germanium transistors, FINFETs and high-K dielectrics, among other technological innovations. IFT’s patented technology allows semiconductor manufacturers to make integrated circuits that are smaller, cheaper and more reliable, while also operating faster and more efficiently. Global leaders in the television, smartphone, automotive and other tech industries rely on these integrated circuits to make small-form factor devices that are reliable, power-efficient and highly responsive.
IFT's portfolio consists of approximately 125 patents and patent applications. Approximately half of the portfolio consists of patents issued in the United States, with the balance providing strong patent coverage throughout key markets in Europe and Asia.
President and CEO
Warren Hurwitz has an extensive record managing all aspects of successful patent monetization campaigns. Prior to IFT, Mr. Hurwitz co-founded and managed Advanced Silicon Technologies LLC (AST), a private company with a high-tech patent portfolio focused on computing, graphics processing and memory controller technology. AST’s successful licensing and litigation campaign in the International Trade Commission (ITC), US District Court and German Federal Patent Court resulted in over $66 million in licensing revenue. Prior to AST, Mr. Hurwitz co-founded Altitude Capital Partners (Altitude) in 2005, a private investment firm focused on the monetization of intellectual property assets. While at Altitude, Mr. Hurwitz was responsible for sourcing opportunities, structuring transactions, conducting diligence, financial modeling and damages analyses, and overseeing investor relations and investor communications. Prior to Altitude, Mr. Hurwitz was a Senior Vice President at HSBC Capital (USA), the US-based Private Equity arm of HSBC Group, where he worked in the private equity team that invested equity and mezzanine capital in acquisitions, divestitures and recapitalizations in established middle-market companies. Earlier in his tenure with HSBC, Mr. Hurwitz was the CFO of the firm’s Investment Banking Division. Prior to HSBC, Mr. Hurwitz was with Nomura Securities International and Oppenheimer & Company. Mr. Hurwitz holds an MBA, with a dual concentration in Finance and Information and Communications Systems (ICS) from the Gabelli Graduate School of Business at Fordham University and graduated with a B.A. in Economics from the University at Albany.
Executive Vice President, Patent Licensing and Strategy
Prior to joining IFT, Thomas Loureiro co-founded Advanced Silicon Technologies LLC (AST) in 2015. As CEO and President of AST, Mr. Loureiro has overseen all aspects and proceedings before the US International Trade Commission (ITC), US District Courts and German Federal Patent Courts, and has managed all licensing and settlement negotiations arising out of the company’s activities. Mr. Loureiro continues to manage AST through the present, seeking additional licensing opportunities both in the US and abroad. Prior to AST, Mr. Loureiro spent nearly twenty years working in a variety of legal roles with several international technology companies, including, Cabletron Systems, Enterasys Networks, Siemens Enterprise Communications and Bottomline Technologies. Mr. Loureiro’s legal practice focused primarily on intellectual property licensing and portfolio management, mergers and acquisitions and litigation management. Specifically, Mr. Loureiro managed the defense of over twenty patent infringement claims brought by patent holders in the computer networking and business process software industries. Mr. Loureiro also established and successfully managed the first monetization programs run by Enterasys and Siemens Enterprise Communications, which ultimately yielded nearly $50 million in licensing revenue for those companies. Mr. Loureiro holds a JD from the University of Maine School of Law, a Master’s degree from Yale University and a Bachelor’s degree from Connecticut College.
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