VirnetX Holding Corp. expects third quarter net loss between $11M and $12M

VirnetX Holding Corp. (VHC), the patent licensing company that won a $439.8 million infringement award against Apple Inc. said it expects to report a net loss of between $11 million and $12 million in the third quarter of 2017. The Zephyr Cove, Nevada-based company said the loss per share will be between 18 cents and [...]

October 19th, 2017|Categories: earnings, Patent Investing|Tags: , |

Xperi names exCEO of IPValue Murali Dharan as president of Tessera licensing unit

Xperi Corp. (XPER), the technology and licensing company run by CEO Jon Kirchner, named Murali Dharan, the former CEO of IPVALUE Management, as president of Tessera Intellectual Property Corp. Dharan will be responsible for the strategic direction, management and growth of the Tessera intellectual property licensing business and will report to Kirchner. At IP VALUE, [...]

October 19th, 2017|Categories: exec changes, Patent Investing|Tags: , |

RPX reaches licensing deal on five patents with University of Tennessee Research Foundation

RPX Corp. (RPXC), the patent aggregator run by CEO Martin Roberts, said it has completed a patent rights agreement with the University of Tennessee Research Foundation (UTRF), which in coordination with Saint Matthew Research LLC had initiated a patent litigation campaign asserting five patents developed by professors and graduate students at the University of Tennessee. [...]

October 19th, 2017|Categories: licensing agreement, Patent Investing|Tags: , |

ParkerVision gets $500,000 from Aspire Capital, commitment to purchase up to another $19.5M

ParkerVision Inc. (PRKR) the patent licensing company run by CEO Jeffrey Parker, said it received $500,000 in proceeds from a private placement of stock issued to Aspire Capital Fund LLC and a commitment to purchase up to another $19.5 million in shares. Jacksonville, Florida-based ParkerVision said it issued 312,500 shares of common stock at $1.60 [...]

October 18th, 2017|Categories: Financing, Patent Investing|Tags: , |

SRC, Saint Regis Mohawk Tribe enforce computer architecture patents against Microsoft, Amazon

SRC Labs LLC, the computer architecture company founded by Seymour R. Cray and owned by privately-held DirectStream, partnered with the Saint Regis Mohawk Tribe filed enforcement actions against Microsoft and Amazon on Wednesday, Oct. 18, alleging infringement of a number of patents related to field programmable gate arrays (FPGAs). FPGAs are integrated circuits designed to [...]

October 18th, 2017|Categories: litigation, Patent Investing, PTAB|Tags: , |