DSS taps Singapore businessman for its board to help expand anti-counterfeiting and licensing in Asia

Document Security Systems Inc. (DSS), the patent licensing and anti-counterfeiting and authentication technology provider, named Singapore business executive Heng Fai Ambrose Chan to its board in an effort to expand into Asian markets. The Rochester, N.Y.-based company said Chan brings significant operational experience as well as strong ties in Asia Pacific markets. Indeed, Chan founded [...]

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

Federal Circuit hands WiLAN a rare win overturning district court rulings in dispute with Ericsson

The Court of Appeals for the Federal Circuit handed WiLAN Inc. (WILN) a rare win on Tuesday, Jan. 17 ruling that a district court in West Palm Beach, Florida erred in invalidating two patents and finding non-infringement on a third patent at issue in an enforcement dispute with Ericsson related to LTE technologies. The ruling [...]

By | January 19th, 2017|Federal Circuit, litigation, Patent Investing|0 Comments

Peter Detkin joins Sherpa Technology Group as it rebrands from 3LP with tech focus beyond IP

Peter Detkin, a founder of Intellectual Ventures, has joined Sherpa Technology Group as a senior advisor, as the former 3LP Advisors rebrands itself to broaden the appeal of its advisory services to technology businesses whose requirements go beyond intellectual property. "We are pleased to welcome Peter Detkin – a highly-regarded visionary and innovator – to [...]

By | January 18th, 2017|exec changes, Patent Investing|0 Comments

Dominion client Uni-Systems files patent infringement, trade secret theft suit against USTA and others

Uni-Systems LLC, a client of Dominion Harbor Group, filed a lawsuit alleging patent infringement and trade secret theft against the U.S. Tennis Association, Hardesty & Hanover and other companies they hired to design and construct the retractable roof at Arthur Ashe Tennis Stadium in Flushing, New York. The suit filed on Jan. 11 in the [...]

By | January 18th, 2017|litigation, Patent Investing|0 Comments

Houlihan Lokey acquires Black Stone IP to expand into the tech and IP advisory business

Investment bank Houlihan Lokey Inc. (HLI) said it has acquired Black Stone IP LLC, the boutique investment bank focused on valuing and trading patent and other intellectual property (IP) assets. Terms of the transaction were not disclosed. San Franciso-based Black Stone IP is run by CEO Elvir Causevic and focuses exclusively on providing technology and [...]

By | January 18th, 2017|exec changes, Patent Investing|0 Comments

FTC’s antitrust suit against Qualcomm blasted as ‘midnight litigation’ and based on flawed, untested legal theories

The U.S. Federal Trade Commission filed a complaint today against Qualcomm in the U.S. District Court in the Northern District of California alleging that certain Qualcomm business practices are in violation of U.S. competition law. The FTC alleges that Qualcomm has used its dominant position as a supplier of certain baseband processors to impose onerous [...]

By | January 17th, 2017|litigation, Patent Investing|0 Comments

Jury orders Cantor unit to pay $400K to USPTO Deputy Director Slifer for reneging on terms of patent sale

A jury in U.S. District Court in Manhattan ordered a unit of Cantor Fitzgerald to pay $400,000 in damages to Russell Slifer to compensate the deputy director of the U.S. Patent and Trademark Office for the Cantor unit’s failure to live up to the terms of a patent sale agreement. Slifer sold some gaming patents [...]

By | January 17th, 2017|litigation, Patent Investing, USPTO|0 Comments

Biogen agrees to pay Forward Pharma $1.25B for license to all of the Danish company’s IP

Biogen Inc. (BIIB), the biotech giant run by CEO Michel Vounatsos, said on Tuesday, Jan. 17, it agreed to enter into a settlement and license agreement with Forward Pharma A/S, subject to the approval of Forward Pharma’s shareholders and other customary conditions. The Cambridge, Massachusetts company said the license agreement will provide Biogen an irrevocable [...]

Marathon amends revenue share agreement with unit of Fortress to issue more debt, warrants

Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, said it amended its financing and revenue sharing agreement with a unit of Fortress Investment Group to increase Fortress’ revenue stream right in exchange for a new $4.5 million promissory note and 187,500 new warrants. Los Angeles-based Marathon disclosed the amended [...]

By | January 17th, 2017|Financing, Patent Investing|0 Comments

ParkerVision is raising money for roll up of small to medium sized Internet of Things companies

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it is raising financing to acquire small to medium-sized companies principally in the trendy Internet of Things (IoT) space. The Jacksonville, Florida-based company said it hired FBR Capital Markets & Co. in connection with potential acquisitions, joint ventures or other business combinations [...]

By | January 17th, 2017|Financing, Patent Investing|0 Comments