(Update1) Inventergy files to raise $7.45M in a equity after ceding 70% of future revenue to Fortress

Inventergy Global Inc. (INVT), the patent licensing company that is negotiating an agreement to give 70% of its future revenue from patent monetization to Fortress Investment Group (FIG) for failure to repay debt, filed with the Securities and Exchange Commission to raise as much as $7.45 million in equity based on its closing price today. [...]

By | September 30th, 2016|Patent Investing, Uncategorized|0 Comments

Federal Circuit hands Intellectual Ventures defeat in dispute with Symantec over antivirus patents

The Court of Appeals for the Federal Circuit handed Intellectual Ventures a defeat in its patent enforcement dispute with Symantec Corp. and Trend Micro Inc., by affirming a district court’s invalidation of two cybersecurity patents and reversing a decision declaring the claim of a third as invalid under Alice. The ruling was handed down Friday, [...]

By | September 30th, 2016|Federal Circuit, Patent Investing|0 Comments

Twitter’s indifference to patents may explain its inability to innovate to profitability and takeover target status

The thinness of Twitter Inc.’s (TWTR) patent portfolio and a dearth of spending on new research and development compared with other leading social media giants like Facebook Inc. may be a reason the company has struggled to achieve profitability and is now a takeover target. The San Jose, California-based company has never filed an enforcement action [...]

By | September 30th, 2016|Patent Investing, Patent Trolling|0 Comments

(Update1) NPE Marking Object Virtualization is enforcing Rovi patents against Hitachi and others

Marking Object Virtualization Intelligence LLC, a Plano, Texas-based non-practicing entity with patents acquired from Rovi Corp. (ROVI), filed an enforcement action against Japan’s Hitachi Ltd., Hitachi Data Systems Corp., Hitachi America Ltd and Hitachi ID Systems. The action filed in U.S. District Court in the Eastern District of Texas alleges that Hitachi and its affiliates [...]

By | September 29th, 2016|Patent Investing, Patent Trolling|0 Comments

Acacia Research reaches licensing settlement with ASUSTeK Computers, terms undisclosed

Acacia Research Corp. (ACTG) the patent licensing company run by Executive Chairman Louis Graziadio, said its Nexus Display Technologies LLC subsidiary has entered into a settlement and patent license agreement with ASUSTeK Computer Inc. and its U.S. subsidiary, ASUS Computer International. Newport Beach, California-based Acacia didn't disclose the terms of the agreement, which resolves litigation [...]

By | September 29th, 2016|licensing agreement|0 Comments

(Update1) Fortress to become partner with Inventergy, take 70% of revenue from future patent monetization efforts

Fortress Investment Group (FIG) moved a step closer to taking over the funding of potential enforcement actions involving Inventergy Global's (INVT) 760 telecommunication patents today with another amendment to their existing note agreement. New York-based Fortress’s IP group, which is headed by Eran Zur, agreed to defer a Sept. 30 amortization payment owed by Inventergy and waive [...]

By | September 29th, 2016|Patent Investing|0 Comments

Finjan’s action against ESET in federal court in San Francisco will proceed after action in San Diego is tossed

A U.S. District Court judge in San Diego, California transferred ESET LLC’s complaint seeking a declaratory judgement of non-infringement in a dispute with Finjan Holdings Inc. (FNJN) to federal court in San Francisco, where the case will be consolidated with Finjan's action filed there on July 1. East Palo Alto, California-based Finjan, run by CEO Phil [...]

By | September 27th, 2016|Patent Investing|0 Comments

(Update1) Inventergy helps partner Pabellon gain proof of concept pact with Fortune 100 company

Inventergy Global Inc. (INVT), the patent licensing company run by CEO Joe Beyers, said Pabellon Inc., one of the partners of its Inventergy Innovations unit, which is working with startups to monetize their patents, has engaged with a Fortune 100 company on a proof of concept of its new surface plane magnetic technology. The identity [...]

By | September 27th, 2016|Patent Investing|0 Comments

Nicolas Labbit’s Jakuta Diode files enforcement actions against Ford, GM, American Honda and others

Jakuta Diodes LLC, a non-practicing entity run by Nicolas Labbit, filed enforcement actions alleging infringement of a patent for a device and method for diffusing light in U.S. District Court in Tyler, Texas against Ford Motor Co., General Motors Co., American Honda Motor Co. and five other companies. Other named defendants are Acuity Brands, Teledyne [...]

By | September 22nd, 2016|Patent Trolling|0 Comments

(Update3) Acacia acquires first patent portfolio since write down of Adaptix portfolio after unfavorable verdict

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio, said  a subsidiary has acquired an additional portfolio of semiconductor patents from Renesas Electronics Corp. Newport Beach, California-based Acacia said the patents relate to power management, system-on-chip system architecture and device manufacturing processes and packaging. Acacia didn't identify the unit making [...]

By | September 22nd, 2016|Patent Investing|0 Comments