AST says its IP3 2017 program acquired 70 patent assets for nearly $2.5M

Allied Security Trust Inc., the patent aggregator run by CEO Russell Binns Jr., said its second annual industry patent purchase program IP3 2017 acquired 70 patent assets for nearly $2.5 million. The Princeton, New Jersey-based company said the IP3 2017 program attracted strong interest from both patent sellers and AST members. Unlike last year, the [...]

By | February 6th, 2018|Patent Investing, Patent sale|0 Comments

Provenance Asset Management hires two former RPX executives to beef up its ranks

Provenance Asset Management LLC, the patent licensing company run by CEO Dan McCurdy, has hired two former RPX Corp. (RPXC) executives Seth Besse and Claus Melarti. Besse was hired as a senior vice president in January. Prior to that he was vice president of product management and data solutions at San Francisco-based RPX. While at [...]

By | February 5th, 2018|exec changes, Patent Investing|0 Comments

Broadcom ups its tender offer for Qualcomm, which says its board is evaluating the revised offer

Broadcom Ltd. (AVG), the mobile technology company run by CEO Hock Tan, raised its tender offer for Qualcomm Inc. (QCOM), the chipset and mobile technology licensing company run by CEO Steve Mollenkopf, to $60.00 a share in cash and $22 a share in Broadcom stock or about $121 billion. The previous offer was $60 a [...]

By | February 5th, 2018|Patent Investing|0 Comments

Motorola agrees to acquire patent rich Canadian surveillance video firm Avigilon for $1B in cash and assumed debt

Motorola Solutions (MSI), the communications technology and licensing company run by CEO Greg Brown, said it agreed to acquire Avigilon (TSX: AVO), the patent rich Canadian advanced security surveillance and video management company, in a transaction that will enhance Motorola Solutions' portfolio of mission-critical communications technologies. Under the terms of the agreement, Motorola Solutions will [...]

By | February 2nd, 2018|Canada, Patent Investing, Product|0 Comments

Start-up SyncThink says new patent’s application in virtual reality may be its most valuable and biggest driver of future profitability

SyncThink, the neuraltechnology start-up that is developing EYE-SYNC, an ocular-motor assessment device that can detect concussions in as little as 60 seconds, said it received its 12th patent related to systems and methods for creating and changing dynamic content based on eye-gaze analysis. Palo Alto, California-based SyncThink said the new patent US 14/530,598 gives it [...]

By | February 1st, 2018|Financing, Patent Investing, Product|0 Comments

UnitedCorp. sues Facebook in Canada alleging infringement of iFramed geolocation patent

United American Corp. (UAMA), the technology company that is involved in patent litigation with Snap Inc., said it filed a patent infringement action against Facebook Inc. (FB) alleging Facebook's unauthorized use of UnitedCorp’s patented iFramed geo-location based filters.

 Miami, Florida-based UnitedCorp said the suit, filed today in the Federal Court of Canada, states that Facebook [...]

By | February 1st, 2018|Canada, litigation, Patent Investing|0 Comments