(Update3) Vringo shares gained 28.7% today, 59% this week on stepped up legal fight against ZTE

Shares of Vringo Inc. (VRNG) gained 59% this week as the patent monetization company aggressively stepped up its legal fight against ZTE Corp. in the U.S. District Court in Manhattan. Vringo shares gained 16 cents, or 28.7%, to 70 cents today, which is up 59% above the 44 cents open on Monday. The rally comes [...]

By | July 31st, 2015|Patent Investing|Comments Off on (Update3) Vringo shares gained 28.7% today, 59% this week on stepped up legal fight against ZTE

(UPDATE2) ParkerVision shares plunge as much as 50% after Federal Circuit upholds ruling of non-infringement and tossing of $170M verdict against Qualcomm

Shares of ParkerVision Inc. (PRKR) plunged as much as 50% after the company announced an unfavorable decision by the Court of Appeals for the Federal Circuit upholding a district court’s finding of non-infringement in its action against Qualcomm. ParkerVision shares fell 12 cents, or 26%, to 34 cents in trading today after plunging as low [...]

By | July 31st, 2015|Patent Investing, Patent Trolling|Comments Off on (UPDATE2) ParkerVision shares plunge as much as 50% after Federal Circuit upholds ruling of non-infringement and tossing of $170M verdict against Qualcomm

Federal Circuit allows Smartflash case against Apple to proceed, stays cases against Samsung and other pending CBM review

The Court of Appeals for the Federal Circuit today upheld the district court’s ruling rejecting a stay of Smartflash LLC’s retrial on damages against Apple Inc. (APPL) pending a covered business method review by the Patent Trial and Appeals Board, and reversed the ruling denying the stay of trials against Samsung Electronics America Inc. and [...]

By | July 30th, 2015|Patent Investing|Comments Off on Federal Circuit allows Smartflash case against Apple to proceed, stays cases against Samsung and other pending CBM review

PTAB seen as unlikely to grant Celgene motion to dismiss IPRs, sanction Bass and Spangenberg

Celgene Corp. (CELG), the pharmaceutical giant fighting inter partes review (IPR) petitions to invalidate its patents for safely delivering a derivative of thalidomide to pregnant women without harming the development of their fetuses, has asked the Patent Trial and Appeals Board to dismiss the petitions and sanction the Coalition for Affordable Drugs VI LLC for [...]

By | July 30th, 2015|Patent Investing, Patent Trolling|Comments Off on PTAB seen as unlikely to grant Celgene motion to dismiss IPRs, sanction Bass and Spangenberg

(UPDATE1) InterDigital second quarter profit plunges 59% on much lower past royalties

InterDigital Inc. (IDCC), the patent licensing company run by CEO William Merritt, said its second quarter profit fell 59% as past patent royalties plunged. Net income fell to $32.6 million, or 89 cents a share, from $78.9 million, or $1.93 a share, a year ago. Revenue fell 38% to $118.6 million driven by past patent [...]

By | July 30th, 2015|Patent Investing|Comments Off on (UPDATE1) InterDigital second quarter profit plunges 59% on much lower past royalties

RPX invests $5M in digital security startup in first of what could be several such deals

RPX Corp. (RPXC), the patent aggregator and provider of patent risk management services, recently made a $5 million debt and equity investment in a digital security startup called Tyfone, which CEO John Amster said may be a precursor for future deals. Amster said on a conference call with investors on Wednesday that as part of [...]

By | July 30th, 2015|Patent Investing, Patent Trolling|Comments Off on RPX invests $5M in digital security startup in first of what could be several such deals

(UPDATE1) PTAB declines Intellectual Ventures request for rehearing of decision to institute CBM review after initial institution denial

In a reminder of how inscrutable the Patent Trial and Appeals Board can be, the board changed its mind about whether to institute a covered business method review of patents owned by Intellectual Ventures after a second request by Motorola Mobility LLC and dismissed the patent owner’s request for an expanded review of the decision [...]

By | July 29th, 2015|Patent Investing|Comments Off on (UPDATE1) PTAB declines Intellectual Ventures request for rehearing of decision to institute CBM review after initial institution denial

(UPDATE2) WiLAN’s second quarter profit nearly doubles on higher revenue from acquisitions and licensing agreements

WiLAN Inc (WILN), the patent licensing company run by CEO Jim Skippen, said its second quarter net income nearly doubled to $11 million on higher revenue from acquisitions and licensing agreements. The Ottawa, Ontario-based company reported net income of 9 cents a share, compared with net income of $5.6 million, or 5 cents a share, [...]

By | July 29th, 2015|Patent Investing|Comments Off on (UPDATE2) WiLAN’s second quarter profit nearly doubles on higher revenue from acquisitions and licensing agreements

(Update1) RPX second quarter net income falls 14.8% on higher cost of revenue, expenses

RPX Corp. (RPXC), the patent aggregator and provider of patent risk management services run by CEO John Amster, said its second quarter net income fell 14.8% to $8 million, or 14 cents a share on higher costs and expenses. San Francisco-based RPX’s net income compared with net income of $9.4 million, or 17 cents a [...]

By | July 28th, 2015|Patent Investing|Comments Off on (Update1) RPX second quarter net income falls 14.8% on higher cost of revenue, expenses

(Update1) Rembrandt asks Federal Circuit to reverse court ruling of invalidity in case against Facebook after PTAB upholds validity in IPR ruling

Rembrandt Social Media LP, a unit of Rembrandt IP Management, is asking the Court of Appeals for the Federal Circuit to reverse a district court ruling of invalidity in an infringement case against Facebook Inc. (FB) on the basis of a final written decision upholding the validity of the patent by the Patent Trial and [...]

By | July 28th, 2015|Patent Investing|Comments Off on (Update1) Rembrandt asks Federal Circuit to reverse court ruling of invalidity in case against Facebook after PTAB upholds validity in IPR ruling