Federal Circuit hands Network-1 a win, affirming PTAB ruling against CBM filed by Google, YouTube

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said the U.S. Court of Appeals for the Federal Circuit affirmed the final written decision of the Patent Trial and Appeal Board in favor of Network-1 relating to a covered business method review challenge made by Google Inc. and YouTube LLC to [...]

By | January 24th, 2018|Federal Circuit, Patent Investing, PTAB|0 Comments

European Commission hits Qualcomm with $1.24B fine for payments to Apple for chip exclusivity

The European Commission has fined Qualcomm Inc. €997 million ($1.24 billion) for abusing its market dominance in LTE baseband chipsets to prevent rivals from competing by making significant payments to Apple Inc. (APPL) on condition it would not buy from rivals. The commission said the payments, which were made to Apple for over five years, [...]

By | January 24th, 2018|Europe, litigation, Patent Investing, US ITC|0 Comments

VirnetX awards cash bonuses to its top three executives as shares hover at less than half 52 week high

VirnetX Holding Corp. (VHC), the technology and patent licensing company that is fighting to uphold a $302 million infringement award against Apple Inc., said its board approved cash bonuses for its three top officers based on the company’s 2017 performance. CEO Kendall Larsen, who was entitled to a bonus of 50% of his base salary, [...]

By | January 23rd, 2018|exec changes, Patent Investing|0 Comments

Finjan posts second consecutive profit in fiscal 2017 on $50.5M in licensing settlements

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, posted its second consecutive annual profit as revenue more than doubled. East Palo Alto, California-based Finjan said its preliminary and unaudited 2017 net income from operations rose to $15 million, or 50 cents a share, from $350,000, or 2 cents [...]

VIEX Capital joins chorus of Immersion investors blasting management’s and board’s stewardship

Interim CEO Carl Schlachte and the board Immersion Capital (IMMR), the haptic touch technology and licensing company that is involved in high stakes patent infringement litigation with Apple Inc., is being criticized for lining its own pockets and not exploring possible takeover offers that would maximize shareholder value. The criticism were revealed on Tuesday Jan. [...]

By | January 23rd, 2018|litigation, Patent Investing, US ITC|0 Comments

Network-1 agrees to accept $12.7M instead of $13.25M from Juniper to close settlement

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said on Monday, Jan. 22 it has revised and closed its previously announced settlement with Juniper Networks Inc., reducing the amount it is to receive to $12.7 million from $13.25 million. The revised settlement ends the lawsuit New York-based Network-1 originally filed [...]

By | January 22nd, 2018|licensing agreement, litigation, Patent Investing|0 Comments

RPX’s board may come to regret not negotiating a take private offer from former CEO in early 2017

The board of RPX Corp. (RPXC) may come to regret its rejection of former founder and CEO John Amster’s offer in early 2017 to take the company private at $16.25 a share or $800 million as it considers how to overcome market conditions and to recover from missteps that cannibalized its business and alienated some [...]

By | January 21st, 2018|Patent Investing|0 Comments

Pressure building on Qualcomm to sweeten its $110 a share offer for NXP Semiconductor

Pressure is building on Qualcomm Inc. (QCOM) to raise its bid for NXP Semiconductors NV or walk away after two major NXP shareholders of Elliott Advisors (UK) Ltd. and Ramius Advisors said publicly that Qualcomm’s $110 a share offer dramatically undervalues NXP. New York-based Elliott made the case in a Jan. 19 letter to NXP [...]

By | January 19th, 2018|Patent Investing|0 Comments

PTAB nixes another Immersion Corp. patent challenged by Apple

The Patent Trial and Appeal Board on Jan. 10 handed Immersion Corp. (IMMR), the haptic or touch technology company embroiled in a patent infringement action with Apple, another blow, declaring another patent at issue in the Apple suit as invalid based on the prior art. This was the second win for Apple against Immersion this [...]

By | January 19th, 2018|litigation, Patent Investing, PTAB|0 Comments

Marathon acquires four cryptocurrency exchange patents from former Vringo

Marathon Patent Group Inc. (MARA), the former patent monetization company that is reverse merging with Global Bit Ventures, a cryptocurrency mining company, said it has agreed to acquire four patents related to the transmission and exchange of cryptocurrencies between buyers and sellers from XpresSpa Group Inc. (XSPA) The Los Angeles-based company said the acquisition is [...]

By | January 19th, 2018|Patent Investing, Patent sale|0 Comments