Qualcomm fiscal 1st-Qtr 2017 net income tumbles 54% on $868M antitrust settlement in Korea

Qualcomm Inc. (QCOM), the semiconductor technology and licensing giant run by CEO Steve Mollenkopf, posted a 54% drop in fiscal first quarter 2017 net income on higher costs and expenses related to a $868 million settlement with the Korea Fair Trade Commission. The San Diego, California-based company said its net income fell to $682 million, [...]

By | January 25th, 2017|Asia, earnings, Korea, litigation, Patent Investing|0 Comments

Form’s IP business is down to two suits, 10% of overall business, after transfer of 500 patents to Nokia

Form Holdings Inc. (FH), the holding company formerly known as Vringo, is effectively out of the patent monetization business after transferring 500 patents to Nokia in December. New York-based Form said in a recent statement that on Dec. 5, 2016, it transferred the majority of its telecom patent portfolio, totaling approximately 500 patents and patent [...]

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

(Update1) Apple steps up royalty war with Qualcomm by filing two complaints against Qualcomm in China

Apple Inc. (APPL) stepped up its royalty war with Qualcomm Inc. (QCOM) by filing two complaints in Beijing, China, one alleging violation of China's anti-monopoly law and the other seeking a determination of the terms of a patent license for Qualcomm's cellular standard essential patents. San Diego-based Qualcomm said in a statement that it is [...]

By | January 25th, 2017|Asia, China, litigation, Patent Investing|0 Comments

DSS partners with Sun Chemicals to sell anti-counterfeiting products, reduce reliance on rebooted IP business

Document Security Systems Inc. (DSS), the anti-counterfeiting technology and licensing company, said it entered into a partnership with Sun Chemicals Corp., the producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials, to cross market and sell each other’s anti-counterfeiting products. Rochester, New York-based DSS spent about $1 million [...]

By | January 24th, 2017|headlines, Patent Investing, Product|0 Comments

Taiwan’s Nanya Technology takes license from WiLAN’s North Star and PLL units, terms not disclosed

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its subsidiaries, North Star Innovations Inc. and PLL Technologies Inc., have entered into patent license agreements with Nanya Technology Corp. for undisclosed terms. The Ottawa-based company said Taiwan-based Nanya Technology is a leading memory solution provider for products embedded with consumer memory [...]

By | January 23rd, 2017|Asia, licensing agreement, Patent Investing|0 Comments

Spherix reaches undisclosed settlement with Uniden, says appeal of PTAB invalidity ruling will continue

Spherix Inc. (SPEX), the patent monetization company that farmed out its enforcement efforts to Dean Becker’s Equitable IP Holdings, said it reached a licensing settlement with Uniden Corp. The Bethesda, Maryland-based company didn't disclose the terms of the settlement. Company officials couldn’t be reached for comment. Spherix CEO Anthony Hayes said in a statement that [...]

By | January 23rd, 2017|licensing agreement, litigation, Patent Investing|0 Comments

Finjan sues Avast for not living up to terms of licensing agreement after $1.3B acquisition of AVG

Finjan Holdings Inc. (FNJN), the cybersecurity licensing company run by CEO Phil Hartstein, accused Avast Software, a confidential licensee, of not living up to the terms if the two companies’ licensing agreement in the wake of Avast’s acquisition of AVG for $1.3 billion. East Palo Alto-based Finjan said its agreement with Avast on Nov. 15, [...]

By | January 23rd, 2017|litigation, Patent Investing|0 Comments

(Update1) Apple launches $1 billion licensing war with Qualcomm, days after FTC files antitrust suit

Apple Inc. (APPL) filed a $1 billion lawsuit alleging Qualcomm Inc. (QCOM) illegally overcharged it for licensing of standard essential patents, only days after the U.S. Federal Trade Commission filed an antitrust lawsuit against Qualcomm for similar practices. San Diego-based Qualcomm has blasted the FTC complaint, filed in the U.S. District Court in the Northern District [...]

By | January 20th, 2017|litigation, Patent Investing|0 Comments

IP focused crowdfunding portal PatentAngels is latest firm to try to solve problems for patent owners

PatentAngels, a new crowdfunding portal founded by patent broker and IP consultant Adoram Shemesh, aims to solve a problem for startups who have quality intellectual property yet lack the capital and the know-how to commercialize and/or monetize it. Shemesh, an Israeli attorney who moved to Columbus, Ohio in 2015, has been a patent broker and [...]

By | January 20th, 2017|Patent Investing|0 Comments

(Update2) USPTO Director Michelle Lee is said to be staying on under incoming Trump administration

U.S. Patent and Trademark Office Director Michelle Lee has agreed to stay on under the administration of President-elect Donald Trump and an announcement is expected, according to multiple news outlets. Several sources said the Trump transition team was working on an announcement about Lee's re-appointment that could come out as early as Thursday evening. Paul [...]

By | January 19th, 2017|exec changes, Patent Investing, USPTO|0 Comments