Vicor steps up its IP licensing practice

Rhea-AI Summary

Vicor (NASDAQ: VICR) announced an expansion of its IP licensing practice focused on high-density power technologies used in AI, automotive and industrial markets.

Key points: a 2025 International Trade Commission Limited Exclusion Order (LEO) bans importation of infringing bus converters and affected computing systems; settlements and licenses tied to enforcement are expected to contribute nearly $300 million to Vicor revenues through 2026. Vicor said Q3 licensing revenue exceeded its quarterly R&D spend and that R&D is 18% of revenues. Andrew D’Amico will head the enlarged licensing practice.

Positive

• LEO (2025) bans importation of infringing bus converters
• Licensing settlements expected to contribute ~$300M through 2026
• Q3 licensing revenue surpassed quarterly R&D spend
• R&D equals 18% of revenues
• Expanded IP licensing practice led by Andrew D’Amico

Negative

• None.

Licensing enables resilient, scalable supply chains in AI, automotive and industrial markets

ANDOVER, Mass., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) Intellectual Property (IP) stemming from Vicor’s development of high-density power system technology is key to performance in high growth markets such as AI. Licensed access to foundational IP, including to 800V, 48V and 12V bus converters and Vertical Power Delivery (VPD), is necessary to ensure supply chain resilience and scalability. Without a license, computing, automotive and industrial systems are subject to importation bans or injunctions because of patent infringement by copycat power module makers and contract manufacturers.

In 2025 the International Trade Commission issued a Limited Exclusion Order (LEO) banning importation into the US of infringing bus converters, and computing systems containing the same, covered by certain Vicor patents. The LEO remains in force for the life of infringed patents and applies to all infringing computing systems made by contract manufacturers which, as Respondents in the ITC investigation, were found to infringe. The LEO has led to settlements and licensing agreements by leading OEMs and hyper-scalers resulting in nearly $300 million in expected contribution to Vicor’s revenues through 2026.

Having established licensing as a pillar for growth, Vicor is stepping up its IP licensing practice, headed by Andrew D’Amico, General Counsel for Intellectual Property and supported by Vicor’s in-house licensing team and outside counsel, including law firms partnering with Vicor to assert its IP.

Commenting on the success of Vicor’s licensing practice, Chief Executive Officer Patrizio Vinciarelli stated: “Q3 licensing revenues surpassed Vicor’s quarterly investment in R&D. At 18% of revenues, Vicor’s R&D far exceeds the R&D percentage of revenues of infringing power module makers and contract manufacturers, reflecting differences between antithetical business models respectively focused on innovation and copying.

As high-density power systems pioneered by Vicor, including bus converters and VPD, are on the critical path to high performance computing, Vicor’s IP licensing practice may grow to a greater fraction of Vicor’s module business. Leveraging its first ChiP™ foundry and the high current density of 5^th generation ChiPs and 2^nd Generation VPD, Vicor’s module business is also expected to grow substantially apart from and as a result of its related IP licensing practice. OEMs and hyperscalers need a license, need to renew their license or need to expand its scope. Vicor is pursuing additional actions to curtail access to infringing computing systems sourced from infringing contract manufacturers relying on infringing power module makers.”

For further information contact:

Andrew D’Amico, General Counsel, Intellectual Property
Office: (978) 749-3230
Email: adamico@vicr.com

About Vicor
Vicor Corporation designs, develops, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, aerospace and defense. www.vicorpower.com
Vicor is a registered trademark of Vicor Corporation.

FAQ

What did Vicor announce about its IP licensing practice on October 20, 2025 (VICR)?

Vicor said it is stepping up its IP licensing practice, naming Andrew D’Amico to lead licensing and expanding in-house and outside counsel support.

How does the 2025 ITC Limited Exclusion Order affect Vicor (VICR) revenue?

Vicor says the 2025 ITC LEO banning importation of infringing bus converters has led to settlements and licenses expected to contribute nearly $300 million to revenues through 2026.

What licensing metrics did Vicor report for Q3 2025 (VICR)?

Vicor reported that Q3 licensing revenues surpassed its quarterly R&D investment and that R&D represents 18% of revenues.

Which technologies are covered by Vicor's licensed IP (VICR)?

Licensed IP includes foundational high-density power technologies such as 800V, 48V and 12V bus converters and Vertical Power Delivery (VPD).

Who should contact Vicor about licensing or enforcement (VICR)?

Contact Andrew D’Amico, General Counsel, Intellectual Property, at the office number or email provided by Vicor for licensing inquiries.