Judge orders fee shifting against Advanced Video Technologies for bringing suits without title to patent

In a case that underscores how narrowly fee shifting is granted in the post Octane Fitness world, Advanced Video Technologies LLC, a patent assertion entity owned by General Patent Corp., was hit with limited though still probably significant sanctions after filing numerous infringement actions without having the proper title to the patent in suit. In [...]

By | August 31st, 2015|Patent Investing, Patent Trolling|Comments Off on Judge orders fee shifting against Advanced Video Technologies for bringing suits without title to patent

DSS CEO Ronaldi is in talks about renewing contract that expires Nov. 9, may step down

Document Security Systems (DSS) CEO Jeffrey Ronaldi is in talks with the board to possibly extend his three-year employment contract that expires on Nov. 9. Under the contract, Ronaldi or the board had until Aug. 9 to make a decision on whether he would stay on for another year. The contract provided for an annual [...]

By | August 28th, 2015|Patent Investing|Comments Off on DSS CEO Ronaldi is in talks about renewing contract that expires Nov. 9, may step down

(Update1) Tessera acquires developer of low-temp wafer bonding tech for semiconductor industry Ziptronix for $39M in cash

Tessera Technologies Inc. (TSRA), the licensing company run by CEO Thomas Lacey, said it acquired Ziptronix Inc., a privately-held, venture-backed spinoff of RTI International and developer of low-temperature direct bonding technology for 3D integration, for $39 million in cash. San Jose, Calif.-based Tessera said the acquisition expands on its existing advanced packaging capabilities by adding [...]

By | August 28th, 2015|Patent Investing|Comments Off on (Update1) Tessera acquires developer of low-temp wafer bonding tech for semiconductor industry Ziptronix for $39M in cash

(Update1) If Uniloc’s ‘216 patent is invalidated in pending IPRs, merger with Marathon may face calls for changes

If U.S. Patent No. 5,490,216, for which Uniloc USA won a settlement from Microsoft Corp. rumored to be about $100 million, is invalidated by any pending inter partes or covered business method review it will reduce the value of its portfolio and possibly force changes to the structure of its $91 million merger with Marathon [...]

By | August 27th, 2015|Patent Investing|Comments Off on (Update1) If Uniloc’s ‘216 patent is invalidated in pending IPRs, merger with Marathon may face calls for changes

Cerebral Assets will provide IP strategy advice to corporations, startups and expert witness testimony

Jaime Siegel, the former executive vice president of litigation and licensing at Acacia Research Corp. (ACTG), says his new intellectual property advisory firm Cerebral Assets LLC will provide IP strategy advisory services to industry including large companies and startups. “We’ll capitalize on my 25 years of experience on both sides of the licensing business,” Siegel [...]

By | August 27th, 2015|Patent Investing|Comments Off on Cerebral Assets will provide IP strategy advice to corporations, startups and expert witness testimony

ZTE’s unreasonable delays may result in case dispositive sanctions and exceptional case fees for Vringo

Vringo Inc. (VRNG), the patent licensing company locked in a multi-jurisdiction infringement war with ZTE Corp., may be able to convince Judge Lewis Kaplan of the U.S. District Court in Manhattan to rule in its favor based on ZTE’s unreasonable delay tactics and award significant damages and even exceptional case fees. Shenzhen, China-based ZTE has [...]

By | August 26th, 2015|Patent Investing|Comments Off on ZTE’s unreasonable delays may result in case dispositive sanctions and exceptional case fees for Vringo

PTAB rejects Volkswagen’s IPR against Marathon’s Signal IP patent increasing pressure for settlement

The U.S. Patent and Trademark Office’s Patent Trial and Appeals Board rejected a petition to institute an inter partes review filed by Volkswagen Group of America to invalidate a patent owned by Marathon Patent Group Inc.’s (MARA) Signal IP unit. The patent U.S. Patent No. 5,714,927 B1 is one of several at issue in patent [...]

By | August 26th, 2015|Patent Investing|Comments Off on PTAB rejects Volkswagen’s IPR against Marathon’s Signal IP patent increasing pressure for settlement

(Update3) Unwired Planet swings to net loss in fiscal-year 2015 on higher revenue sharing, licensing expenses

Unwired Planet Inc. (UPIP), the patent licensing company run by CEO Boris Teksler, said it swung to a net loss of $41.8 million, or 37 cents a share, in the fiscal year ended June 30 on higher revenue sharing and licensing expenses. The net loss compared with a profit of $433,000 or zero cents a [...]

By | August 25th, 2015|Patent Investing|Comments Off on (Update3) Unwired Planet swings to net loss in fiscal-year 2015 on higher revenue sharing, licensing expenses

Jury returns adverse ruling for Acacia unit EVM Systems in action against Rex Medical, Argon Medical

Acacia Research Corp. (ACTG), the patent licensing company run by CEO Matthew Vella, was handed another setback yesterday when a jury returned a verdict of non-infringement in a case involving patents for vascular stents. Newport Beach, Calif.-based Acacia’s EVM Systems LLC in 2013 filed an infringement suit in U.S. District Court in Tyler Texas against [...]

By | August 25th, 2015|Patent Investing|Comments Off on Jury returns adverse ruling for Acacia unit EVM Systems in action against Rex Medical, Argon Medical

Blue Coat asks court to toss $39.5M verdict in favor of Finjan because of unreasonable delay in bringing case

Blue Coat Systems, which is fighting a $39.5 million jury verdict won by Finjan Inc. (FNJN), said in a legal filing sought to have the verdict overturned based on the legal concept of laches, which protects defendants from prejudice from unreasonable delays in bringing infringement claims. In an Aug. 20 opening brief regarding non-jury legal [...]

By | August 25th, 2015|Patent Investing|Comments Off on Blue Coat asks court to toss $39.5M verdict in favor of Finjan because of unreasonable delay in bringing case