John Cronin is Managing Director and Chairman of ipCapital Group, Inc. ("ipCG"), an intellectual property consulting firm. Mr. Cronin founded ipCG in 1998.
ipCG represents the largest IP strategy consulting team in the world. Capitalizing on a lifelong study of creative and inventive thinking processes, business strategy development, and transaction negotiations, Mr. Cronin has created both a unique ipCapital System® Methodology for consulting as well as a world-class licensing and transaction process. The ipCapital System Methodology provides for extraction and documentation of inventions, identifies opportunity and risk, drives transactions to completion, and creates significant market value from IP.
Mr. Cronin has worked with over 700 companies and more than 10% of the Fortune 500. Over the years, he has become a respected thought leader among executives who wish to align business issues with IP and translate strategies into actionable financial results. Mr. Cronin has inspired and trained thousands of engineers and scientists in the best practices of how to invent.
Prior to forming ipCG, Mr. Cronin spent over 17 years at IBM and became its top inventor with over 100 patents and 150 patent publications. He created and ran the IBM Patent Factory, which was essential in helping IBM become number one in US patents, and the team that contributed to the startup and success of IBM's licensing program.
Mr. Cronin is also Managing Director of ipCapital Licensing Company (ipCLC), founded in 2010. As the primary architect of ipCLC's best-in-class transaction methods, he has negotiated and closed deals including out-licensing agreements, asset sales, mergers and acquisitions.
Mr. Cronin is on a Board of Directors of the following public and private companies: Document Security Systems, Imageware, Graphon, Armor Design Inc. Primal Fusion and Velco, and is a technical advisor to VirnetX and Innopad. He holds a B.S. (E.E.), an M.S. (E.E), and a B.A. degree in Psychology from the University of Vermont.
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