WiLAN signs third license of Advanced Microscopy portfolio with Leica

WiLAN (WILN), the patent licensing company run by CEO Jim Skippen, said its subsidiary, Advanced Microscopy Inc., has entered into a patent license agreement with Leica Microsystems Inc. Ottawa-based WiLAN said the licensing agreement resolves litigation pending in the U.S. District Court in Wilmington, Delaware. The company said the consideration paid by Leica and other [...]

By | November 9th, 2015|Patent Investing|Comments Off on WiLAN signs third license of Advanced Microscopy portfolio with Leica

Unwired Planet names Wheat to succeed Witter as CFO

Unwired Planet (UPIP) said it named James Wheat as its chief financial officer to replace the departing Dean Witter III, in the latest move under new CEO Boris Teksler to revive the struggling patent licensing company. Wheat, 57, previously served as CFO of ASSIA Inc., a privately-held developer of broadband optimization solutions, from January 2013 [...]

By | November 6th, 2015|Patent Investing|Comments Off on Unwired Planet names Wheat to succeed Witter as CFO

(Update2) Spherix posts narrower 3rd Qtr net loss on lower expenses

Spherix Inc. (SPEX), the patent licensing company trying to raise $10 million in an equity offering to make a mandatory redemption of preferred share payment to RPX Corp. (RPXC), said it posted a narrower net loss during the third quarter due to a decrease in stock-based compensation expenses and amortization expenses. Bethesda, Maryland-based Spherix said [...]

By | November 5th, 2015|Patent Investing|Comments Off on (Update2) Spherix posts narrower 3rd Qtr net loss on lower expenses

ZTE wins another invalidation against Vringo patents in French Court

The Tribunal de Grande Instance de Paris handed Vringo Inc. (VRNG), the patent licensing company run by CEO Andrew Perlman, another defeat in Europe in its multi jurisdictional infringement war with Chinese telecommunications giant ZTE Corp. The French court found claims 1 to 11 and 13 of European patent 1,221,212 invalid and claims 1 to [...]

By | November 5th, 2015|Patent Investing|Comments Off on ZTE wins another invalidation against Vringo patents in French Court

Former Cisco Systems COO Gary Moore joins Finjan Holdings board

Finjan Holdings Inc. (FNJN), the cybersecurity and patent licensing company run by CEO Phil Hartstein, said it appointed today Gary Moore, the former president and COO of Cisco Systems Inc., to its board. Moore, who served as president of COO of Cisco since 2012 and joined in 2011 as senior vice president of Cisco’s advanced [...]

By | November 5th, 2015|Patent Investing|Comments Off on Former Cisco Systems COO Gary Moore joins Finjan Holdings board

Gerchen Keller Capital is betting on fee shifting with Athena FSP

Athena FSP, the Gerchen Keller Capital LLC business run by Katharine Wolanyk, which provides protection from fee shifting motions based on recent U.S. Supreme Court rulings, is a bet that such awards fee are the new reality and are likely to continue to grow substantially. Chicago-based Gerchen Keller launched Athena FSP — for fee-shifting protection [...]

By | November 4th, 2015|Patent Investing|Comments Off on Gerchen Keller Capital is betting on fee shifting with Athena FSP

(Update6) WiLAN is overhauling business to eliminate 30% of workforce after disappointing third quarter

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said it is overhauling its business to eliminate 30% of its workforce and save $8 million to $10 million in annual expenses in a concession to the challenging environment for patent licensing after posting third quarter 2015 earnings in line with expectations and [...]

By | November 4th, 2015|Patent Investing|Comments Off on (Update6) WiLAN is overhauling business to eliminate 30% of workforce after disappointing third quarter

(Update3) Tessera Technologies 3rd Qtr profit falls 70%, though earnings and recurring revenue beat expectations

Tessera Technologies Inc. (TSRA), the patent licensing company run by CEO Tom Lacey, posted a 70% decline in net income in the third quarter of 2015 to $32.5 million, though the profit was above guidance and analyst expectations driven by an increase in recurring revenue and lower costs. San Jose, California-based Tessera’s net income in [...]

By | November 3rd, 2015|Patent Investing|Comments Off on (Update3) Tessera Technologies 3rd Qtr profit falls 70%, though earnings and recurring revenue beat expectations

Marshall, Texas jury finds Reflectix, Sealed Air didn’t infringe Acacia unit patents

A jury in U.S. District Court in Marshall, Texas found that Reflectix Inc. and its parent Sealed Air Corp. did not infringe four patents owned by Promethean Insulation Technology LLC, a Plano Texas unit of Acacia Research Corp. (ACTG), the patent licensing company run by CEO Matt Vella. The jury also found that Reflectix proved [...]

By | November 3rd, 2015|Patent Investing|Comments Off on Marshall, Texas jury finds Reflectix, Sealed Air didn’t infringe Acacia unit patents

Jury in Omaha, Nebraska finds T-Mobile didn’t infringe Prism Technologies patents

A jury in U.S. District Court in Omaha, Nebraska on Friday Oct. 30 found T-Mobile USA Inc. did not infringe on 3G and 4G wireless patents owned by Prism Technologies Group Inc. (PRZM) the patent licensing company that won a $30 million verdict in June from Sprint. Sacramento, California-based Prism said it is reviewing the [...]

By | November 3rd, 2015|Patent Investing|Comments Off on Jury in Omaha, Nebraska finds T-Mobile didn’t infringe Prism Technologies patents