Ray Strimaitis currently serves as Vice President at AST where he is oversees Corporate Development & Global Strategy. Previously, Ray served as Vice President of Intellectual Property and Deputy General Counsel for Yahoo, and as Vice President of Excalibur IP, LLC. He led a global team of IP professionals and was responsible for all IP matters at Yahoo and Excalibur. As part of his role, he was responsible for setting patent strategy, monetizing the Yahoo and Excalibur patent portfolios, managing patent risk, guiding patent advocacy and overseeing all trademark/copyright matters. During his tenure at Yahoo, Ray successfully established and led a program to monetize Yahoo patents that generated $600 million in patent sales and license transactions. In 2016 he led the effort to form Excalibur IP, LLC – a wholly owned Yahoo subsidiary that was created to further optimize patent value to Yahoo shareholders. Before joining Yahoo, Ray served in various legal, management and patent monetization roles at IBM.