(Update1) BlackBerry extends CEO John Chen’s contract for 5 years in endorsement of his strategy that includes patent monetization

BlackBerry Ltd. (BB) said its board extended the contract of its Executive Chairman and CEO, John Chen, for five years through November 2023, an endorsement of his plan to boost the company’s patent monetization market in a down market. The Waterloo, Ontario-based company said Chen joined the company in November 2013 and has since then [...]

March 15th, 2018|Categories: exec changes, Patent Investing|Tags: , |

Jury rejects Precision Fabrics’ infringement claims against Tietex International

A jury in a U.S. District Court in Spartanburg, South Carolina on March 9 handed Tietex International Ltd. a victory in a patent infringement dispute with Precision Fabrics Group Inc., finding that Tietex didn’t infringe two Precision Fabrics Group patents. The patents in suit were U.S. Patent No. 8,501,639, entitled “Thermally Protective Flame Retardant Fabric;” [...]

March 14th, 2018|Categories: litigation, Patent Investing|Tags: , |

Levi Strauss signs new licensing agreement for additional laser patents with RevoLaze

RevoLaze, LLC, a laser technology company, said it has reached a new licensing agreement with Levi Strauss & Co. regarding additional denim laser patents from its intellectual property portfolio. The Westlake, Ohio-based firm didn't disclose how much Levi Strauss agreed to pay for the new agreement. The company said the new agreement provides Levi Strauss [...]

March 14th, 2018|Categories: Patent Investing, Uncategorized|Tags: , |

TiVo said South Korea’s Alticast has renewed its IP license with Rovi Corp. unit

TiVo Corp. (TIVO), the entertainment technology and licensing company that is considering a possible sale, said Alticast, an end-to-end media technology provider, has renewed its intellectual property (IP) license to deliver advanced entertainment products in South Korea. The San Jose, California-based company didn't disclose how much Alticast agreed to pay as part of the renewal. [...]

March 14th, 2018|Categories: Korea, licensing agreement, Patent Investing|Tags: , |

Qualcomm’s genius chess move against Broadcom may come to hurt competitiveness of U.S. companies in the future

President Trump’s decision to reject Broadcom Ltd. (AVGO) $142 billion hostile takeover for Qualcomm Inc. (QCOM) looks like a protectionist move that will have unknown and unintended long term consequences, patent market observers say. San Diego, California-based Qualcomm, which has been fighting to stay independent and has blasted Broadcom’s offer as grossly inadequate, announced the [...]

March 13th, 2018|Categories: Patent Investing|Tags: , |