(Update2) Vringo acquires International Development Group for $6.33M in convertible preferred stock

Vringo Inc. (VRNG), the patent licensing company run by CEO Andrew Perlman, said it agreed to acquire privately-held International Development Group, a holding company for fliCharge, a wire-free charging technology company, and Group Mobile, a built to order supplier of rugged computers, mobile devices and accessories, in a stock deal worth about 11.4% of the [...]

By | October 16th, 2015|Patent Investing|Comments Off on (Update2) Vringo acquires International Development Group for $6.33M in convertible preferred stock

Second Annual “IP Dealmakers Forum” is scheduled for Dec. 7-9 in New York

The second annual "IP Dealmakers Forum" is taking place in New York on December 7 and 8. The event is organized by The IP Investment Institute LLC and its partners Wendy Chou and Eric Salvarezza and features a number of interesting panel discussions. “Boom or Bust: The Public IP Market One Year Later” will explore [...]

By | October 10th, 2015|Patent Investing|Comments Off on Second Annual “IP Dealmakers Forum” is scheduled for Dec. 7-9 in New York

For struggling publicly-traded patent licensing companies, going private may be a dead end

Patent licensing companies, who are facing few prospects for settlement agreements from alleged infringers who are committed to fighting them to the mat and reticence from consolidators, may be longing to go private, though the possibility is probably a dead end. “Going private might be desirable but the circumstances currently don’t permit it,” said Jim [...]

By | October 9th, 2015|Patent Investing|Comments Off on For struggling publicly-traded patent licensing companies, going private may be a dead end

Spherix discloses in filing that Huawei counsel missed settlement status hearing raising doubts about talks

Spherix Inc. (SPEX), the patent monetization company run by CEO Anthony Hayes, said in a securities filing Oct 7 that Huawei’s counsel failed to appear at an Oct. 2 status hearing before Judge Rodney Gilstrap of the U.S. District Court in Marshall, Texas, raising doubts about whether a settlement will be reached. Bethesda, Maryland-based Spherix [...]

By | October 8th, 2015|Patent Investing|Comments Off on Spherix discloses in filing that Huawei counsel missed settlement status hearing raising doubts about talks

(Update1) Bass and Spangenberg’s coalition wins institution of IPR against Shire’s Lialda

The Patent Trial and Appeals Board granted institution of inter partes review of U.S. Patent No. 6,773,720 B1 related to the drug Lialda, a treatment for Crohn's disease, owned by Shire filed by the Coalition for Affordable Drugs, the group controlled by billionaire J.Kyle Bass’ Hayman Capital and IP Navigation Group’s Erich Spangenberg. The coalition [...]

By | October 7th, 2015|Patent Investing|Comments Off on (Update1) Bass and Spangenberg’s coalition wins institution of IPR against Shire’s Lialda

Shares slide more than 19% after Neonode pre-announces weaker than expected 3rd Qtr sales, public offering at 28% discount

Shares of Neonode Inc. (NEON), the optical touch technology and licensing company run by CEO Thomas Eriksson, fell more than 19% today after it announced preliminary revenue for the third quarter of 2015 that was lower than analyst expectations and a public offering expected to raise $6.1 million at a 28% discount to yesterday’s close. [...]

By | October 7th, 2015|Patent Investing|Comments Off on Shares slide more than 19% after Neonode pre-announces weaker than expected 3rd Qtr sales, public offering at 28% discount

Inventergy to issue 5.38M shares in exchange for Series A-1, A-2 and B preferred shares

Inventergy Global Inc. (INVT), the patent licensing company run by CEO Joe Beyers, said it reached an agreement with holders Series A-1, Series A-2, and Series B preferred stock to exchange those shares for common stock. The Campbell, California-based company said the agreement extinguishes legacy preferred stock rights of those preferred holders, including anti-dilution rights [...]

By | October 7th, 2015|Patent Investing|Comments Off on Inventergy to issue 5.38M shares in exchange for Series A-1, A-2 and B preferred shares

IP litigation support specialist HLP Integration has hired StoneCastle to raise more than $100M in growth capital for acquisitions

HLP Integration LLC, an intellectual property litigation support technology and consulting company, has hired StoneCastle Securities LLC to raise more than $100 million in growth capital for a majority stake to be used for acquisitions. HLP was founded in 2007 and is run by CEO and Managing Partner Hy Hetherington, who also is CEO of [...]

By | October 7th, 2015|Patent Investing|Comments Off on IP litigation support specialist HLP Integration has hired StoneCastle to raise more than $100M in growth capital for acquisitions

WiLAN’s Orthopedic Innovations inks licensing agreement with DJO Global, terms not disclosed

WiLAN (WILN), the patent licensing company run by CEO Jim Skippen, said Oct. 6 its wholly-owned subsidiary, Orthopedic Innovations Inc. has entered into a patent license agreement with DJO Global Inc., a global provider of high-quality, orthopedic devices and surgical reconstructive implant products. The terms of the licensing agreement and the amount DJO Global agreed [...]

By | October 6th, 2015|Patent Investing|Comments Off on WiLAN’s Orthopedic Innovations inks licensing agreement with DJO Global, terms not disclosed

VirnetX hires sales team to sell its patented Gabriel encrypted communications technology

VirnetX Holding Corp. (VHC), the Internet security software and technology licensing company run by CEO Kendall Larsen, said it has hired a team of sales executives to advance the introduction of the Gabriel Secure Communications platform and application suite to the commercial market.   The Zephyr Cove, Nevada-based company named Willard Thomas as vice president [...]

By | October 6th, 2015|Patent Investing|Comments Off on VirnetX hires sales team to sell its patented Gabriel encrypted communications technology