Uniloc files enforcement action against Apple alleging infringement of patent for improved communication of data between devices

Uniloc USA Inc. and Uniloc Luxembourg SA, the patent licensing companies run by CEO Craig Etchegoyen, filed a new patent enforcement action against Apple Inc. alleging infringement of a patent for systems and devices for improved communication of data between beacon devices and portable devices such as Bluetooth. The action was filed on Thursday Feb. [...]

February 23rd, 2018|Categories: litigation, Patent Investing|Tags: , |

(Update3) Immersion’s Apple settlement is likely worth only as much as $65M based on 2018 revenue forecast

Immersion Corp. (IMMR), the haptic or touch technology company that won a patent licensing settlement from Apple Inc. (AAPL) last month, probably received between $50 million and $65 million based on the company's run rate of about $30 million a year and the revenue forecast for 2018, the company made in today’s earning release. Interim [...]

February 22nd, 2018|Categories: earnings, licensing agreement, litigation, Patent Investing|Tags: , |

(Update1) RPX shares plunge after 2017 net loss, lower revenue forecast for 2018 and board reveals sale process

Shares of RPX Corp. (RPXC), the patent aggregator and provider of litigation loss control services run by CEO Martin Roberts, tumbled as much as 18.6% on Thursday, Feb. 22, a day after the company swung to a 2017 net loss of $79.1 million, or $1.61 a share, and announced its board was conducting a process [...]

February 22nd, 2018|Categories: Patent Investing|Tags: , |

Amazon leads all companies in retail sector in patents and technology innovation, Coresight Research says

Amazon leads all companies in the retail sector including its biggest competitor Alibaba Inc. in the number of patents it owns and the amount of money it spends on research and development, according to a report by Coresight Research. The firm, with offices in Hong Kong, London and New York,  is run by Deborah Weinswig, [...]

February 22nd, 2018|Categories: Patent Investing|Tags: , |

(Update3) InterDigital posts 61% drop in 4th Qtr profit on lower revenue and charge related to tax cut

InterDigital Inc. (IDCC), the mobile technology and patent licensing company run by CEO Bill Merritt, posted a 61% drop in net income because of lower revenue and a $42.6 million charge to revalue the company’s net deferred tax assets due to the 2017 Tax Cut and Jobs Act, enacted in December 2017. The Wilmington, Delaware-based [...]

February 22nd, 2018|Categories: earnings, Patent Investing|Tags: , |