Dot Hill Systems sues Crossroads Systems for patent infringement in District of Colorado

Dot Hill Systems Corp. (HILL), the data storage company defending itself from an infringement action filed by rival data storage and patent monetization company Crossroads Systems Inc. (CRDS), on June 29 filed a lawsuit in the U.S. District Court for the District of Colorado alleging Crossroads infringes a patent owned by Dot Hill. Austin, Texas-based [...]

By | July 3rd, 2015|Patent Investing|Comments Off on Dot Hill Systems sues Crossroads Systems for patent infringement in District of Colorado

Blue Calypso is second patent monetizer after ITUS to approve reverse split to prepare for up-listing to national exchange

Blue Calypso Inc. (BCYP), the patent monetization company run by CEO Andrew Levi, said its board approved a 1-for-50 reverse stock split, with an eye toward seeking an up-listing to either the NYSE-MKT or the Nasdaq . The reverse stock split, which goes into effect today, means that the total outstanding shares of common stock [...]

By | July 2nd, 2015|Patent Investing|Comments Off on Blue Calypso is second patent monetizer after ITUS to approve reverse split to prepare for up-listing to national exchange

(UPDATE1) Spherix shares fall 7% after court throws out case against Verizon, contract CFO resigns

Shares of Spherix Inc. (SPEX), the patent monetization company run by CEO Anthony Hayes, fell more than 7.2% in early trading after a federal court in Eastern District of Virginia threw out an infringement action against Verizon Services Corp. and others after interpreting certain key claims of the patent involved in Verizon’s favor. Spherix shares [...]

By | July 2nd, 2015|Patent Investing|Comments Off on (UPDATE1) Spherix shares fall 7% after court throws out case against Verizon, contract CFO resigns

Marathon’s MedTech reaches licensing agreement with Maxxspine for undisclosed lump sum plus royalty

Marathon Patent Group, Inc. (MARA) the patent licensing company run by CEO Doug Croxall, said its MedTech Development Deutschland GmbH, has entered into a settlement and license agreement with Maxxspine Ltd. Los Angeles-based Marathon didn’t disclose how much Maxxspine agreed to pay for the license. The company said only that consideration to be paid to [...]

By | July 1st, 2015|Patent Investing|Comments Off on Marathon’s MedTech reaches licensing agreement with Maxxspine for undisclosed lump sum plus royalty

(UPDATE1) Inventergy Global CEO Joe Beyers purchases another $100,000 of common stock

Inventergy Global Inc. (INVT), the patent licensing company run by CEO Joe Beyers, said he purchased 217,392 shares of common stock priced at 46 cents each for $100,000. The Campbell, Calif.-based company disclosed the purchases in a Form 4 filing with the Securities and Exchange Commission yesterday. According to the filing, Beyers now has 5,802,297 [...]

By | July 1st, 2015|Patent Investing|Comments Off on (UPDATE1) Inventergy Global CEO Joe Beyers purchases another $100,000 of common stock