The Institute of Electronics and Computer Science announces a written auction with a descending price step for the expropriation of the following intellectual property rights:

Know-how and related rights of the technology “Deflexio (IoT solution to monitor in real time the condition of buildings, engineering structures and bridges around the clock using data driven approach)” created within the project “3D fabric” (KC-PI-2017/25)

Please register for to our 30-minute webinar  airing on May 6th at 15.00 CEST here:

Applications for the expropriation of intellectual property rights must be submitted to the Institute of Electronics and Computer Science, Dzērbenes Street 14, Riga, LV-1006, Directorate on the 2nd floor, during the business days between 08.30 and 17.00, in a sealed envelope with the indication: “Application for a written auction for the expropriation of intellectual property rights to a technology “Deflexio”” until 13:00, May 12th , 2021. Alternatively, the application can be submitted in the form of an electronic document that is signed with a secure electronic signature before May 12th, 2021 at 13:00 by sending it to the e-mail address between 13:01 and 15:00 on the May 12th, 2021.

Additional information about the intellectual property to be auctioned, as well as contract draft and other legal documents can be obtained by writing to e-mail

A brief description of the technology can be found here and know-how list can be found here

The starting price of the intellectual property auction is 310 000.00 EUR.

The winning application will be the one with the highest offered price.

Time and place of opening of the received applications: Institute of Electronics and Computer Science, Dzērbenes Street 14, Auditorium A, Riga, May 12th, 2021 at 15:01.