Finjan Inc. (FNJN), the cybersecurity and patent licensing company run by CEO Phil Hartstein, may see its $39.6 million verdict against Blue Coat Systems reduced or erased based on a Federal Circuit ruling Friday in SCA Hygiene Products v. First Quality Baby Products. In an en banc ruling in a dispute over infringement of patents [...]
The Court of Appeals for the Federal Circuit’s 2-1 decision reversing and remanding a district court in San Jose, California decision denying Apple’s motion for an injunction against Samsung Electronics means patent owners may have an easier time in the future winning injunctions and improving their bargaining position in infringement cases. The appellate panel ruled [...]
A ruling by a three-judge panel of the Federal Circuit means Acacia Research Corp. (ACTG), the patent licensing company run by CEO Matt Vella, may be facing millions of dollars in exceptional case fees in an infringement dispute between its unit AdjustaCam LLC and Newegg Ltd., Rosewell Inc. and Sakar International. The decision by Circuit [...]
Document Security Systems Inc., (DSS), the patent licensing company in talks with its CEO Jeff Ronaldi about extending his contract for another year, said it has raised $500,000 from the sale of 2.27 million shares of common stock priced at 22 cents each. Rochester, N.Y.-based DSS disclosed the sales in a filing today with the [...]
Patent reform measures such as Senate bill 1137 and House of Representatives bill 9 introduced by Senator Charles Grassley and Representative Bob Goodlatte are unlikely to pass this year and may have to be revived after the 2016 presidential election, patent market observers say. Grassley and Goodlatte have both spoken recently about the level of [...]
WiLAN (WILN), the patent licensing company run by CEO Jim Skippen, said its Advanced Microscopy Inc. unit has entered into a patent license agreement with Nikon Corp. for undisclosed terms. The agreement ends an infringement suit pending in U.S. District Court in Wilmington, Delaware, before Judge Leonard Stark. According to the complaint, Nikon allegedly infringed [...]
Acacia Research Corp. (ACTG), the patent licensing company run by CEO Matt Vella, said its Nexus Display Technologies LLC unit reached a settlement and licensing agreement with BenQ America Corp. Newport Beach, Calif,-based Acacia didn’t provide any information on the terms of the settlement or proceeds from the licensing agreement. Nexus Display had sued BenQ [...]
ZTE Corp. the Chinese telecommunications company locked in a bitter multi-jurisdictional infringement war with Vringo Inc. (VRNG), on Sept. 15 asked a federal court overseeing their breach of a non-disclosure agreement case to reject the patent licensing company’s request for case dispositive sanctions and instead impose lesser sanctions. Shenzhen, China-based ZTE is conceding it has [...]
Blue Calypso Inc. (BCYP), the patent monetization company run by CEO Andrew Levi, said it has withdrawn a registration statement and does not plan to pursue a public offering at this time. Levi had said Blue Calypso was planning to raise $5 million to $10 million sometime in August or September to help the developer [...]
Crossroads Systems Inc. (CRDS), the patent monetization company run by CEO Richard Coleman Jr., said its net loss in the quarter ended July 31 widened to $3.26 million from $2.2 million on higher than expected litigation expenses. The Austin, Texas-based company posted a net loss per share of 17 cents, compared with a loss of [...]
