Apple turns to standard essential patent disputes with Qualcomm, Nokia to squeeze costs, boost earnings

Apple Inc. (APPL), the computer giant run by CEO Tim Cook, used $15 billion in share repurchases and dividends to produce record fiscal first quarter earnings of $3.36 a share, for the moment perhaps masking the reasons behind its recent aggressive efforts to dispute standard essential patents and royalties with Qualcomm Inc. (QCOM) and Nokia [...]

By | January 31st, 2017|earnings, litigation, Patent Investing|0 Comments

ExUSPTO Deputy Director Slifer will need financing for enforcement actions if he regains gaming patents from Cantor unit

Russell Slifer, the former deputy director of the U.S. Patent and Trademark Office, who won a $400,000 jury award in a patent assignment dispute with CG Technology, a unit of Cantor Fitzgerald, said he will need financing to take over enforcement actions filed by CG Technology against a number of gaming companies. Earlier this month, [...]

By | January 30th, 2017|Financing, litigation, Patent Investing|0 Comments

BlackRock reports a 5% stake in VirnetX as the tech company’s stock trades near 52-week low

Investment firm BlackRock Inc. reported owning a 5% stake in VirnetX Holding Corp. (VHC), the technology licensing company that has been unable to sustain three consecutive three hundred million dollar plus jury awards against Apple Inc. The stake consists of 2,842,277 shares of Zephyr Cove, Nevada-based VirnetX, currently worth $6.82 million based on today’s closing [...]

By | January 30th, 2017|Patent Investing|0 Comments

Finjan Holdings’ product unit Finjan Mobile is granted its first U.S. patent

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, said its product subsidiary, Finjan Mobile, Inc., which sells a mobile secure browser application, received its first patent. East Palo Alto, California-based Finjan said the U.S. Patent and Trademark Office issued U.S. Patent No. 9,554,279, entitled “Authorized areas of authentication,” [...]

By | January 30th, 2017|Patent Investing, Product|0 Comments

Inventergy partners with Soliddd Corp. to commercialize 3D imaging and virtual reality technology

Inventergy Global Inc. (INVT), the patent licensing company forced to give up the vast majority of future enforcement recoveries to cure a loan default with a unit of Fortress Investment Group (FIG), said it has entered into an agreement to commercialize the 3D images and 3D virtual reality technology of Soliddd Corp. Campbell, California-based Inventergy [...]

By | January 30th, 2017|Patent Investing, Product|0 Comments

Johnson & Johnson said to get more than 3,000 patents with $30B acquisition of Actelion

Johnson & Johnson (JNJ), the healthcare giant run by CEO Alex Gorsky, said yesterday it was acquiring Swiss pharmaceutical company Actelion Ltd. (ATLN) for $30 billion in stock, in a deal IP advisory firm Dominion Harbor Group said may add more than 3,000 patents and patent applications to Johnson & Johnson’s arsenal. New Brunswick, New [...]

By | January 27th, 2017|drug patents, Patent Investing|0 Comments

Marathon files to sell up to 750,000 shares to raise up to $1.58M through Northland Securities

Marathon Patent Group Inc. (MARA), the patent monetization company run by CEO Doug Croxall, said it has hired Northland Securities to arrange the sale of up to 750,000 shares of common stock, which could raise about $1.58 million, based on yesterday's close of $2.11. Los Angeles-based Marathon said the sales could occur from time to [...]

By | January 27th, 2017|Financing, Patent Investing|0 Comments

PTAB denies two more Blue Coat IPR challenges of Finjan Holdings patents

The U.S. Patent and Trademark Office’s Patent Trial and Appeal Board on Jan. 23 denied two Blue Coat Systems Inc. inter partes review (IPR) challenges to the validity of two cybersecurity patents owned by Finjan Holdings’ (FNJN) that are among those involved in an enforcement action filed in July 2015. The patents at issue in [...]

By | January 26th, 2017|litigation, Patent Investing, PTAB|0 Comments

(Update2) Court awards Dell $532K in exceptional case fees in dismissed action filed by Iris Connex

Judge Rodney Gilstrap, of the U.S. District Court in Marshall, Texas, awarded Dell Inc. $532,000 in exceptional case fees under Section 285 of the Patent Act in connection with a dismissed enforcement action filed by patent assertion entity Iris Connex. Judge Gilstrap ordered Iris Connex to pay $355,000 for Dell’s legal bills and found Iris [...]

By | January 26th, 2017|litigation, Patent Investing, Patent Trolling|0 Comments

JPMorgan and other institutional investors see hidden value in Acacia and other IP companies

JPMorgan Chase & Co. and other large institutional investors still see value in patent monetization given recent new investments in Acacia Research Group (ACTG), Marathon Patent Group (MARA) and ParkerVision Inc.  (PRKR). New York-based JPMorgan reported a 7.1% stake in Acacia, the patent licensing company run by Executive Chairman Louis Graziadio III, or 3,613,625 shares. That gives [...]

By | January 25th, 2017|Patent Investing|0 Comments