Assignment history

Inventors

The named inventor is Vipul Pabari. The patent does not explicitly state his employer at the time of filing, but it is typically the original assignee, TOUTVIRTUAL Inc.

Original assignee

The original assignee named on the issued patent is TOUTVIRTUAL Inc.

The patent describes an apparatus and method for "Virtual systems management," including a "Control Center application" and "Control Center software" for managing virtual environments. This suggests their primary line of business was in developing and providing software for virtual systems management. While the patent details the architecture and functionality of such a system, it does not explicitly state that TOUTVIRTUAL Inc. shipped a specific product embodying the claims.

Based on the patent's legal status information, TOUTVIRTUAL Inc. was the Patent Owner/Respondent in the PTAB case IPR2026-00297, indicating it was an active entity holding the patent as of the IPR filing. However, a Patent Security Agreement was executed on 2025-09-29, assigning a security interest to WYE IP CAPITAL LLC, which could indicate a change in financial control or intent to monetize. The current operating status beyond these events is not explicitly detailed in the provided information.

Assignment timeline

The USPTO Patent Assignment Search did not return specific reel/frame or correspondent details in the provided search snippets. Therefore, the following timeline is based on the "Legal events" section from Google Patents, which does not include recording dates, reel/frame numbers, or correspondent information.

• 2023-04-14 (executed) / recorded N/A — Reel N/A
  • Conveyance: Assignment of Assignor's Interest
  • Assignor: PABARI, VIPUL
  • Assignee: TOUTVIRTUAL Inc.
  • Correspondent: N/A
  • Context: Inventor assigns intellectual property to the original assignee.
• 2025-09-29 (executed) / recorded N/A — Reel N/A
  • Conveyance: Patent Security Agreement
  • Assignor: TOUTVIRTUAL Inc.
  • Assignee: WYE IP CAPITAL LLC
  • Correspondent: N/A
  • Context: Patent asset used as collateral or transferred for a security interest.

Timeline diagram

timeline
    title Ownership of US 12079667
    2023 : Filed by Toutvirtual Inc
         : Inventor assigned to Toutvirtual
    2024 : Issued
    2025 : Security Agmt to WYE IP CAPITAL LLC
    2026 : IPR filed

NPE / troll-pattern signals

1. Shell-entity transfer — unclear. While "WYE IP CAPITAL LLC" has a name pattern that could suggest a shell entity, without information on its address (e.g., registered-agent service) or whether it has products in commerce, it is not possible to definitively confirm it as a shell entity.
2. Known asserter in the chain — not present. Neither TOUTVIRTUAL Inc. nor WYE IP CAPITAL LLC are listed among the commonly cited NPEs. Unified Patents is a petitioner in the IPR case against the patent owner, not an assignee in the chain.
3. Repeat correspondent across the chain — not present due to lack of information. The source material does not provide correspondent names or firms for the recorded assignments.
4. Cascading transfers — not present. Only two transfers are noted: one from the inventor to the original assignee, and one security agreement. This does not constitute multiple consecutive assignments through chained LLCs.
5. Pre-litigation transfer — present. A US case (2:25-cv-00943) was filed in the Texas Eastern District Court in 2025. The Patent Security Agreement with WYE IP CAPITAL LLC was executed on 2025-09-29. This close proximity (within the same year) between the execution of the security agreement and the filing of the litigation suggests the transfer may have been arranged to facilitate or finance assertion.
6. Bankruptcy fire-sale — not present. No indication of bankruptcy proceedings for the assignor.
7. Privateering — not present. There is no information to suggest an operating company transferred the patent to an NPE for assertion against competitors on its behalf.
8. Defensive aggregator (anti-NPE) — not present. Although Unified Patents (a defensive aggregator) is involved, they are challenging the patent through an IPR, not acquiring it for defensive purposes.

Verdict

NPE — moderate confidence

This verdict is primarily driven by the "Pre-litigation transfer" signal. The execution of a Patent Security Agreement to WYE IP CAPITAL LLC on 2025-09-29, followed by or concurrent with a district court case filing in 2025 (case number 2:25-cv-00943), strongly suggests a transfer aimed at litigation or patent monetization. The generic name "WYE IP CAPITAL LLC" also hints at a potential licensing-focused entity, although definitive proof of a shell entity is lacking due to insufficient correspondent and address details.

To verify, search the USPTO Assignment Center for patent 12079667: https://assignmentcenter.uspto.gov/