Conversant Intellectual Property Management (formerly MOSAID Technologies) aids manufacturers by licensing intellectual property. The company licenses its portfolio of more than 12,000 patents for semiconductor and communications products, and develops semiconductor memory technology. Its customers include Micron Technology, Nokia, and Buffalo Technology. Conversant has diversified into the wired and wireless communications markets in order to reduce its dependence on the memory chip market and also provides intellectual property (IP) management services, including portfolio value enhancement and monetization. Most sales come from the Asia/Pacific region. Conversant is owned by an investor group led by Sterling Partners.