Vringo seeking punitive measures against ZTE following violation of injunction

Vringo Inc. (VRNG), the patent monetization company run by CEO Andrew Perlman, said it plans to file motion for contempt against ZTE Corp. in the Federal and State Courts of Rio de Janeiro seeking punitive measures stemming from the Chinese telecommunications giant’s violation of an injunction against selling products at issue in a long running [...]

By | May 19th, 2015|Patent Investing|Comments Off on Vringo seeking punitive measures against ZTE following violation of injunction

Marathon signs licensing agreement with Jaguar for undisclosed amount

Marathon Patent Group (MARA), the patent monetization company run by CEO Doug Croxall, said its Signal IP unit reached a licensing agreement with Jaguar Land Rover North America for an undisclosed amount. Los Angeles-based Marathon’s Signal IP unit had been seeking initial damages of $20 million to $22 million from Jaguar. The company said last [...]

By | May 18th, 2015|Patent Investing|Comments Off on Marathon signs licensing agreement with Jaguar for undisclosed amount

Unwired Planet says two IP executives are resigning to allow incoming CEO to recruit his own team

Unwired Planet Inc. (UPIP) said two executives hired with much fanfare in December 2011 to fortify its intellectual property business will resign effective July 1 in the first sign of incoming CEO Boris Teksler’s much anticipated overhaul of the patent monetization company. Reno, Nevada-based Unwired Planet said today that Tim Robbins and Daniel Mendez on [...]

By | May 18th, 2015|Patent Investing|Comments Off on Unwired Planet says two IP executives are resigning to allow incoming CEO to recruit his own team

DSS says it needs to increase sales of printed and digital products, reduce patent monetization expenses after first quarter loss

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it needs to increase sales of its digital products and printed products and decrease expenses related to its patent monetization business to conserve cash and remain in business after posting a first quarter net loss of $1.65 million. The Rochester, [...]

By | May 18th, 2015|Patent Investing|Comments Off on DSS says it needs to increase sales of printed and digital products, reduce patent monetization expenses after first quarter loss

Vringo’s petition to Supreme Court on review of adverse Federal Circuit ruling said to be sound, though still a long shot

Vringo Inc. (VRNG), the patent licensing company run by CEO Andrew Perlman, made a sound and reasonable argument in its petition to the U.S. Supreme Court to overturn an appellate court’s ruling throwing out a $30 million award and running royalty and invalidating patents at issue in an infringement action against Google Inc. (GOOG), though [...]

By | May 15th, 2015|Patent Investing|Comments Off on Vringo’s petition to Supreme Court on review of adverse Federal Circuit ruling said to be sound, though still a long shot

Marathon acquires portfolio of 43 patents related to tire pressure monitoring systems

Marathon Patent Group (MARA) the patent licensing company run by CEO Doug Croxall, said its wholly-owned subsidiary IP Liquidity Ventures LLC agreed to purchase 43 patents related to tire pressure monitoring systems from an undisclosed buyer for an undisclosed amount. Los Angeles-based Marathon said among the patents acquired is the German part of European patent [...]

By | May 15th, 2015|Patent Investing|Comments Off on Marathon acquires portfolio of 43 patents related to tire pressure monitoring systems

(UPDATE1) Inventergy is short on cash again after $6.3M first quarter loss

Inventergy Global Inc. (INVT), the patent licensing company run by CEO Joe Beyers, said it has less than five months of cash left and will need to raise capital again after posting a net loss of $6.3 million in the first quarter of 2015. Campbell, Calif.-based Inventergy’s net loss per share of 25 cents, compared [...]

By | May 15th, 2015|Patent Investing|Comments Off on (UPDATE1) Inventergy is short on cash again after $6.3M first quarter loss

(Update4) Marathon posts much wider loss on expenses for patent amortization and litigation costs

Marathon Patent Group (MARA), the patent licensing company run by CEO Doug Croxall, posted a much wider net loss of $4.78 million in the first quarter as expenses for amortization of patents and other items outstripped lower than expected revenue. Los Angeles-based Marathon’s loss per share of 34 cents was double the 17 cents expected [...]

By | May 14th, 2015|Patent Investing|Comments Off on (Update4) Marathon posts much wider loss on expenses for patent amortization and litigation costs

(Update2) Vringo appeals Federal Circuit ruling to Supreme Court as expected

Vringo Inc. (VRNG), the licensing company run by Andrew Perlman, said its wholly-owned subsidiary, I/P Engine, filed its appeal with the U.S. Supreme Court of a Federal Circuit ruling in August that threw out a $30 million jury award and running royalty against Google Inc. and invalidated the patents at issue. New York-based Vringo said [...]

By | May 14th, 2015|Patent Investing|Comments Off on (Update2) Vringo appeals Federal Circuit ruling to Supreme Court as expected

WordLogic shares surge as licensing company hints at new direction, possible takeover

Shares of WordLogic Corp. (WLGC), the predictive texting technology licensing company run by self-described venture capitalist and CEO Frank Evanshen, jumped 25% on Tuesday, May 12 as investors bet the company was about to embark on a new direction that could make it a takeover target. To be sure, the 25% increase was only 2 [...]

By | May 14th, 2015|Patent Investing, Patent Trolling|Comments Off on WordLogic shares surge as licensing company hints at new direction, possible takeover