Avanci Aftermarket Signs License Agreement With Electronic Toll Collection Leader Axxès
21 July 2023
Avanci, the independent leader in simplifying how technology is shared, today announced that Axxès, a leading European innovator of electronic toll services with more than 40,000 customers and over 300,000 equipped vehicles on Europe’s roads, has joined the Avanci Aftermarket program.
Avanci Aftermarket offers licenses for connected products installed in vehicles after their original sale, with more than 40 patent owners licensing their 4G, 3G and 2G essential patents through the program. As a licensee, Axxès will benefit from efficient and transparent access to patented wireless technologies enabling innovation in Europe’s interoperable/electronic toll collection market.
“We are happy to welcome Axxès to our Avanci Aftermarket program,” said Marianne Frydenlund, Vice President at Avanci. “Their commitment to driving innovation in the electronic toll collection sector aligns with our own mission to ensure that product makers can efficiently license patented technologies used in their automotive aftermarket devices. More broadly, this latest addition to the Avanci marketplace underscores our momentum in providing simple technology-sharing solutions across the automotive industry. We will continue to explore licensing solutions for new categories of connected products as the Internet of Things evolves.”
Electronic toll collection systems offer significant benefits, such as streamlined toll collection and efficient data collection among others. The European Commission promoted the creation of a European Electronic Toll Service (EETS) to enable road users to pay tolls and charges throughout the EU, through a contract with a single EETS Service Provider and with a single on-board unit. Particularly for freight traffic, this cross-border capability has significant potential to improve efficiencies for road hauliers.
“Axxès is at the forefront of transforming electronic toll collection for road hauliers, and in 2015 became the first registered EETS provider,” said Frédéric Lepeintre, chairman and CEO of Axxès. “We bring value to our customers by selecting and operating the right technical solution to allow them to operate their business more and more efficiently. Beside our expertise in tolling, we support our customers by providing smart and simple mobility solutions. We are confident that being an Avanci licensee will help us to continue to deliver innovative solutions to the market.”
Avanci continues to transform how companies share essential technologies. Its programs license essential patents for technologies created by thousands of inventors at companies and research institutes around the world, in a single transaction at fixed rates, paid once for the lifetime of the product. By streamlining technology-sharing to a single licensing agreement, Avanci Aftermarket provides an efficient and transparent way for manufacturers such as Axxès to access the patented cellular technologies used in their aftermarket devices.
Visit avanci.com/aftermarket to learn more about the Avanci Aftermarket program.