Spherix sees ruling in VTech, Uniden case helping in related IPR dispute

Spherix Inc., (SPEX) the patent assertion company run by CEO Anthony Hayes, said its infringement cases against VTech Communications Inc. and Uniden America Corp. were strengthened by claims construction rulings by Judge Barbara M.G. Lynn of the U.S. District Court in Dallas. Judge Lynn issued a 106-page claim construction order on March 19, following a [...]

By | March 25th, 2015|Patent Investing|Comments Off on Spherix sees ruling in VTech, Uniden case helping in related IPR dispute

Rovi appoints SAP’s Lucas to board to boost analytics expertise

Rovi Corp. (ROVI) the intellectual property licensing company fighting a proxy fight from Glenn Welling’s Engage Capital, appointed Steven Lucas, global president of SAP’s platform solutions, to its board. The appointment, which was effective March 20, expands Rovi’s board to seven from six directors. Santa Clara, Calif.-based Rovi said Lucas brings an expertise in analytics, [...]

By | March 25th, 2015|Patent Investing|Comments Off on Rovi appoints SAP’s Lucas to board to boost analytics expertise

Vringo says Brazilian court rejects ZTE’s fifth effort to lift injunction

Vringo Inc. (VRNG), the patent assertion company run by CEO Andrew Perlman, said a Brazil court overseeing its infringement lawsuit against ZTE Corp. has rejected the Chinese telecommunications company’s latest attempt to lift an injunction put in place last April. New York-based Vringo said today that on Thursday, March 19, the Brazilian court denied ZTE's [...]

By | March 23rd, 2015|Patent Investing|Comments Off on Vringo says Brazilian court rejects ZTE’s fifth effort to lift injunction

Vringo, ParkerVision and others face uncertain future after qualified auditor opinions on financial statements

Vringo Inc. (VRNG), ParkerVision Inc. (PRKR), Endeavor IP Inc. (ENIP) and Blue Calypso Inc. (BCYP) are among a growing list of patent assertion companies receiving qualified opinions from their auditors after major litigation defeats, losses on higher than expected litigation costs and lower than anticipated revenue and dwindling cash. All four companies reported their financial [...]

By | March 20th, 2015|Patent Investing|Comments Off on Vringo, ParkerVision and others face uncertain future after qualified auditor opinions on financial statements

Marathon Patent Group adds another director with M&A experience

Marathon Patent Group (MARA), the patent monetization company run by CEO Doug Croxall, named Dirk Tyler, an executive with a background in private equity, venture capital and mergers and acquisitions to its board. Tyler, who currently serves as managing director of The Vulano Group, a leading technology and intellectual property development company, is the second [...]

By | March 19th, 2015|Patent Investing|Comments Off on Marathon Patent Group adds another director with M&A experience

Blue Calypso may run out of cash by July after wider loss for the year

Blue Calypso Inc., (BCYP) the patent assertion company run by CEO Andrew Levi, was down to $1.1 million of cash or less than two quarters based on its net cash used in 2014, after posting a wider net loss for the year. During the year ended December 31, 2014, the Dallas, Texas-based company used net [...]

By | March 19th, 2015|Patent Investing, Patent Trolling|Comments Off on Blue Calypso may run out of cash by July after wider loss for the year

Endeavor IP down to $56,485 in cash after fiscal first quarter loss of $428,045

Endeavor IP (ENIP), the patent monetization company run by Franciscus Diaba, said it is down to cash and cash equivalents of only $56,485 after posting a net loss of $428,045, or 1 cent a share, in the fiscal quarter ended Jan. 31. New York-based Endeavor IP said its fiscal first quarter was even wider than [...]

By | March 18th, 2015|Patent Investing|Comments Off on Endeavor IP down to $56,485 in cash after fiscal first quarter loss of $428,045

Inventergy restructures eOn Communications to boost earnings, cut costs

Inventergy Global Inc. (INVT), the patent monetization company run by CEO Joe Beyers, said it is restructuring its wholly-owned subsidiary, eOn Communications Systems to increase earnings, reduce costs, improve cash flow and build shareholder value. Shares of Inventergy gained 16.9% or 12 cents to 82 cents in trading today. They’ve traded between 39 cents and [...]

By | March 17th, 2015|Patent Investing|Comments Off on Inventergy restructures eOn Communications to boost earnings, cut costs

Unified Patents signs up JPMorgan as electronic payments zone member

Unified Patents, which provides companies a solution for deterring patent monetization activity through the filing of Inter Partes Reviews, said JPMorgan Chase & Co. has joined its Electronic Payments Zone. Los Altos, Calif.-based Unified performs its deterrent activities through various zones such as the electronics payments zone. Companies interested in combatting patent infringement litigation in [...]

By | March 17th, 2015|Patent Investing, Patent Trolling|Comments Off on Unified Patents signs up JPMorgan as electronic payments zone member

Vringo says $65.7M goodwill impairment charge drove much wider net loss in 2014

Vringo Inc. (VRNG), the patent monetization company run by CEO Andrew Perlman, said its 2014 net loss more than doubled on a goodwill impairment charge and higher than expected litigation expenses. Shares of Vringo gained 2.27% or 1.75 cent to 79 cents in trading on the Nasdaq ahead of the earnings announcement. The shares have [...]

By | March 16th, 2015|Patent Investing|Comments Off on Vringo says $65.7M goodwill impairment charge drove much wider net loss in 2014