Qualcomm urges shareholders to reject slate of directors to be nominated by Broadcom

Qualcomm Inc. (QCOM), the technology licensing company run by CEO Steve Mollenkopf, said a slate of directors nominated by Broadcom Ltd. should be rejected as “inherently conflicted” given the Qualcomm board’s unanimous rejection of Broadcom’s unsolicited $130 billion takeover offer. San Diego-based Qualcomm said Broadcom and its backers at Silver Lake are effectively asking stockholders [...]

By | December 5th, 2017|Asia, Patent Investing|0 Comments

InterDigital raises 4th-Qtr revenue forecast after signing multi-year license with LG

InterDigital Inc. (IDCC), the wireless technology and licensing company run by CEO William Merritt, on Monday, Dec. 4, raised its fourth quarter revenue guidance after announcing a multi-year, worldwide, non-exclusive patent license with LG Electronics Inc. Wilmington, Delaware-based InterDigital said it expects fourth quarter 2017 revenue to be between $180 million and $210 million, including [...]

By | December 5th, 2017|earnings, Patent Investing|0 Comments

Quarterhill names Douglas Parker, an exec with tech acquisition experience, as its new CEO

Quarterhill Inc. (QTRH), the former patent licensing company run by Executive Chairman Jim Skippen, said it named Douglas (Doug) Parker, an executive with extensive experience in acquisitions of technology and diversified software companies, as president and chief executive officer, effective January 1, 2018.   The Ottawa, Ontario based company said Parker is expected to join [...]

By | December 5th, 2017|exec changes, Patent Investing|0 Comments