VirnetX Holdings says board awards CEO and CFO bonuses of $364.5K and $46.9K, respectively

VirnetX Holding Corp. (VHC), the patent licensing company that twice couldn’t sustain hundred million infringement awards against Apple Inc., said its board approved bonuses of 125% of the 2016 target bonus for CEO Kendall Larsen and CFO Richard Nance. The Zephyr Cove, Nevada-based company said the board awarded Larsen a cash bonus for 2016 of [...]

By | January 6th, 2017|exec changes, Patent Investing|0 Comments

IP Navigation Group CEO Deirdre Leane may be leaving to join Technicolor, people say

Deirdre Leane, the CEO of IP Navigation Group, is considering taking a position with Technicolor SA, the French multinational company, suggesting the once high profile patent monetization company founded by Erich Spangenberg may be winding down, several people familiar with her plans said. Leane is one of the last of Spangenberg’s lieutenants still standing after [...]

By | January 6th, 2017|exec changes, Patent Investing|0 Comments

PTAB denies Toyota’s challenge of Marathon Patent Group’s airbag patent

The Patent Trial and Appeal Board handed Marathon Patent Group Inc. (MARA), the patent licensing and commercialization company run by CEO Doug Coxall, another victory on Thursday, Jan. 5, denying Toyota Motor Corp.’s challenge of U.S. Patent No. 5,732,375. Los Angeles-based Marathon said the ‘375 patent, which is titled "method of inhibiting or allowing airbag [...]

By | January 6th, 2017|Patent Investing, PTAB|0 Comments

Acacia’s Cellular Communications signs licensing agreements with Alcatel-Lucent and Ericsson

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said its Cellular Communications Equipment LLC subsidiary signed patent license agreements with Alcatel-Lucent USA, Ericsson Inc. and Telefonaktiebolaget LM Ericsson. Newport Beach, California said each of the two agreements resolve litigation that was pending in the U.S. District Court for [...]

By | January 5th, 2017|licensing agreement, Patent Investing|0 Comments

DSS enters another one-year contract with CEO Jeff Ronaldi, raises $225K from BMI Capital

Document Security Systems Inc. (DSS), the patent licensing company that cured a loan default with Fortress Investment Group by agreeing to give up a quarter of future enforcement recoverables to the private equity firm, gave CEO Jeff Ronaldi another one-year contract. Rochester, New York-based DSS said in a filing with the Securities and Exchange Commission, [...]

By | January 4th, 2017|exec changes, Financing, Patent Investing|0 Comments

Financier Jeff Feinberg surpasses Erich Spangenberg as Marathon’s biggest holder

Financier Jeff Feinberg, the president of Feinberg Investments, reported that he has acquired 2.67 million shares of Marathon Patent Group Inc. (MARA), surpassing IP Navigation Group founder Erich Spangenberg as the licensing company's biggest shareholder. Feinberg is the former founder of hedge fund JLF Asset Management and was a former partner at Soros Fund Management in [...]

By | January 4th, 2017|Financing, Patent Investing|0 Comments

Inventergy launches licensing campaign for three location-based services patents owned by GTX Corp.

Inventergy Global Inc. (INVT), the patent licensing company that was forced to give up the vast majority of its enforcement recoverable to Fortress Investment Group to cure a loan default, said its Inventergy Innovations LLC has launched its first patent licensing campaign on behalf of a client, GTX Corp (GTXO), which owns patents for its [...]

By | January 4th, 2017|Patent Investing|0 Comments

Finjan Holdings closes confidential patent licensing agreement with F5 Networks

Finjan Holdings Inc. (FNJN), the cybersecurity licensing company run by CEO Phil Hartstein, said that on Dec. 30 its subsidiary Finjan Inc. closed a patent license agreement with F5 Networks Inc., the Seattle-based secure application provider. East Palo Alto, California-based Finjan said the term of the license, the first under a new enhanced licensing program designed to [...]

By | January 3rd, 2017|licensing agreement, Patent Investing|0 Comments

(Update1) Equitable IP Chairman Dean Becker seeks info from public for his IPR battles with Unified Patents

Dean Becker, chairman of Equitable IP Holdings Corp., the private patent fund company that has taken over the enforcement actions of Spherix Inc. (SPEX), is trying to enlist the help of the public in gathering information on the ownership and membership of Unified Patents, the privately held company that has filed some 60 inter partes [...]

By | January 2nd, 2017|Patent Investing, Patent Trolling, PTAB, USPTO|0 Comments