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S3G Technology LLC, OYO Sign Worldwide Patent License Agreement

It covers OYO’s software systems, including its mobile software applications, used by consumers worldwide to search for and book hotel reservations

S3G Technology LLC, OYO Sign Worldwide Patent License Agreement

Outlook Start-Up Desk

POSTED ON September 13, 2022 7:26 AM

S3G Technology LLC (S3G) has signed a worldwide patent license agreement with OYO Hotels. This includes patent licenses to S3G’s patent portfolio in major markets around the world where OYO operates, including the United States, India, Brazil, Mexico, Indonesia and the Philippines. 

The license agreement covers OYO’s software systems, including its mobile software applications that are used by consumers worldwide to search for and book hotel reservations.

The patents are directed at efficient network communications, including over low bandwidth wireless networks, between various hardware and software systems, including mobile apps. The technology addressed a need by users and the technology industry to enable higher performance and speed communications even over slow wireless networks.

Some patents also cover location-based systems, data analytics and data visualisations, cloud computing and virtualised processor systems.

S3G is a Massachusetts Institute of Technology (MIT) Computer Science and Artificial Intelligence Lab (CSAIL) start-up founded by Dr. Sandeep Chatterjee. An MIT-trained researcher, technologist, inventor and entrepreneur, he was named Young Global Leader by the World Economic Forum for his commitment to society and potential to contribute to shaping the world’s future.

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