Unwired Planet posts wider loss in fiscal third quarter on higher licensing expenses

Unwired Planet Inc. (UPIP), the patent assertion company that named Boris Teksler as its CEO effective June 1, said its fiscal third quarter net loss widened to $9.65 million on higher expenses. Reno, Nevada-based Unwired Planet said its third quarter net loss of 9 cents compared with $9.4 million, or 9 cents a share, a [...]

By | April 30th, 2015|Patent Investing|Comments Off on Unwired Planet posts wider loss in fiscal third quarter on higher licensing expenses

DSS is facing shareholder derivative action as stock hits 52-week low after adverse ruling

Document Security Systems Inc. (DSS), the patent assertion company run by CEO Jeffrey Ronaldi, is facing a shareholder derivative lawsuit over alleged mismanagement since the 2013 merger of DSS with Lexington Technology, which coincided with its emphasis of patent monetization. The suit, was filed April 28 in the Supreme Court of the State of New [...]

By | April 30th, 2015|Patent Investing, Patent Trolling|Comments Off on DSS is facing shareholder derivative action as stock hits 52-week low after adverse ruling

Vringo complains of ZTE issuing ‘immaterial’ statements a day after its stock drops 8.2%

Vringo Inc. (VRNG), the patent assertion company run by Andrew Perlman, complained about ZTE Corp. issuing meaningless press releases as part of a war of words connected to the two companies ongoing multi-jurisdictional patent infringement battle. New York-based Vringo’s statement came a day after its stock dropped 8.23% as some investors sold on concerns that [...]

By | April 30th, 2015|Patent Investing|Comments Off on Vringo complains of ZTE issuing ‘immaterial’ statements a day after its stock drops 8.2%

Vringo, Unwired Planet and Marathon may be affected by reconstitution of Russell indexes

Vringo Inc. (VRNG), Unwired Planet Inc. (UPIP) and Marathon Patent Group (MARA) may be affected by the upcoming annual reconstitution of the Russell 3000. Inclusion in the Russell can give a stock a boost by raising awareness and increasing the number of institutional shareholders. Exclusion from the Russell however can put downward pressure on a [...]

By | April 29th, 2015|Patent Investing|Comments Off on Vringo, Unwired Planet and Marathon may be affected by reconstitution of Russell indexes

WiLAN swings to net loss in first quarter on lower revenue and higher costs

WILAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said it posted a net loss of $4.76 million in the first quarter on lower revenue and higher expenses. The net loss of 4 cents a share compared with a profit of $3.97 million, or 3 cents a share a year earlier, the [...]

By | April 29th, 2015|Patent Investing|Comments Off on WiLAN swings to net loss in first quarter on lower revenue and higher costs

RPX posts 83% increase in fiscal first quarter profit on higher revenue

RPX Corp. (RPXC), the patent aggregator run by CEO John Amster, said first quarter net income rose 83% on higher revenue helped by the syndicated purchase of a portfolio of patents from the Rockstar Consortium for $900 million. Net income in the first quarter was $18 million, or 33 cents a share, compared with $9.8 [...]

By | April 28th, 2015|Patent Investing|Comments Off on RPX posts 83% increase in fiscal first quarter profit on higher revenue

Google’s Patent Purchase Promotion said to be self-motivated publicity stunt

Google Inc. (GOOG), perhaps not satisfied with the efforts of existing patent aggregators and patent troll opponents, announced on Monday an “experimental marketplace” for purchasing patents to keep them out of the hands of trolls. The initiative called the Patent Purchase Promotion has received a mixed reaction from the patent monetization industry with most describing [...]

By | April 28th, 2015|Patent Investing, Patent Trolling|Comments Off on Google’s Patent Purchase Promotion said to be self-motivated publicity stunt

Impact of Supreme Court rulings, AIA seen eroding confidence in U.S. patent system

Recent reversals by the U.S. Supreme Court and the impact of the America Invents Act of 2012, which created the Inter Partes Review process, are threatening to erode public confidence in the U.S. Patent system and could lead to the export of key technology industries from the U.S. That was the most important takeaway from [...]

By | April 24th, 2015|Patent Investing, Patent Trolling|Comments Off on Impact of Supreme Court rulings, AIA seen eroding confidence in U.S. patent system

Acacia’s posts narrower net loss in first quarter on higher revenue and lower expenses

Acacia Research Corp. (ACTG), the patent monetization company run by CEO Matthew Vella, posted a narrower net loss in the first quarter of 2015 on a more than doubling of licensing revenue and an increase in the number of new agreements. The Newport Beach, Calif.-based company said its first quarter net loss fell to $13.13 [...]

By | April 24th, 2015|Patent Investing|Comments Off on Acacia’s posts narrower net loss in first quarter on higher revenue and lower expenses

Vringo, WiLAN, Acacia others may be eyeing suits against Alcatel in wake of merger with Nokia

Nokia Corp.’s $16.6 billion takeover bid for Alcatel-Lucent (ALU) may have identified a new area of patent infringement claims for patent assertion companies such as Vringo Inc. (VRNG), WiLAN Inc. (WILN), Conversant, Inventergy Global Inc. (INVT) and Acacia Research Corp. (ACTG). “Nokia is signaling there’s a whole lot of overlap between it and Alcatel on [...]

By | April 22nd, 2015|Patent Investing, Patent Trolling|Comments Off on Vringo, WiLAN, Acacia others may be eyeing suits against Alcatel in wake of merger with Nokia