RPX’s new Chief Strategy Officer Heath will be tasked with helping CEO Roberts revive the sluggish patent aggregation business

Robert Heath, the newly appointed chief strategy officer and executive vice president of RPX Corp. (RPXC), will be tasked with helping CEO Martin Roberts overhaul and retool the patent aggregator and litigation loss control company for a much less active non-practicing entity (NPE) landscape. Heath, 57, is being replaced as CFO by David Anderson, 38, [...]

(Update1) Finjan reaches license agreement with Avast for $7.745M, ending litigation in federal court

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, said it reached an agreement with Avast Software s.r.o. in which Avast agreed to pay $7.745 million. East Palo Alto, California-based Finjan said the amount paid is on top of the $2.95 million Avast previously paid before it acquired AVG Technologies [...]

Marathon Patent Group shares plunge 38% on high volume suggesting major holder unloaded shares

Shares of Marathon Patent Group (MARA), the patent licensing company run by CEO Doug Croxall, tested a new 52 week low on Tuesday, March 21, falling 40 cents, or 38%, to 65 cents in trading, suggesting a major institutional holder may have dumped its position. Trading volume was unusually heavy at 769,254 shares. It was [...]

By | March 21st, 2017|Patent Investing, Uncategorized|0 Comments

Acacia delays filing of 3rd Qtr 10Q because of valuation of its investment in Veritone

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said in a securities filing that it  has determined that it is unable to file its quarterly report on Form 10-Q for the quarter ended September 30, 2016 within the prescribed time period without unreasonable effort or expense. The Newport [...]

By | November 10th, 2016|earnings, Patent Investing, Uncategorized|0 Comments

Hayman Capital’s Bass says final written decision wins in 7 of 8 IPRs validate how big pharma has abused U.S. patent system

J. Kyle Bass, the managing partner, chief investment officer and portfolio manager of Hayman Capital Management, says the favorable outcomes in final written decisions of seven of eight inter partes review challenges of drug patents by the Coalition for Affordable Drugs and by Bass and Erich Spangenberg, personally, "validate the view that, in many cases, [...]

By | November 8th, 2016|Patent Investing, PTAB, Uncategorized|0 Comments

(Update4) WiLAN’s Wireless Futures Technology files enforcement action in China against Sony

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its Wireless Futures Technology unit has filed an enforcement action in China against Sony Corp., the first enforcement action filed in China by a western licensing company in that jurisdiction. Ottawa, Ontario-based WiLAN said the action was filed in the Intermediate People [...]

By | November 1st, 2016|China, Patent Investing, Uncategorized|0 Comments

Google acquires patent rich augmented reality and virtual reality startup Eyefluence

Google Inc. (GOOG), the technology giant that has led efforts to scale back patent owner rights, acquired a patent rich startup that specializes in augmented reality and virtual reality technology called Eyefluence Inc. The terms of the acquisition were not disclosed. Eyefluence has raised $21.6 million in funding from investors including Intel Capital, Jazz Venture [...]

By | October 25th, 2016|Patent Investing, Uncategorized|0 Comments

(Update1) Inventergy files to raise $7.45M in a equity after ceding 70% of future revenue to Fortress

Inventergy Global Inc. (INVT), the patent licensing company that is negotiating an agreement to give 70% of its future revenue from patent monetization to Fortress Investment Group (FIG) for failure to repay debt, filed with the Securities and Exchange Commission to raise as much as $7.45 million in equity based on its closing price today. [...]

By | September 30th, 2016|Patent Investing, Uncategorized|0 Comments

USPTO Deputy Director Slifer may wrest patents from Cantor unit over alleged bad faith

U.S. Patent and Trademark Office Deputy Director Russell Slifer, who is locked in a dispute over a patent assignment agreement signed in 2008 with a Cantor Fitzgerald unit over its failure to pay him about $250,000 for 8 gaming patents, said materials produced by Cantor show evidence of bad faith, which may help him take [...]

By | September 1st, 2016|Patent Investing, Patent Trolling, Uncategorized|0 Comments