Acacia’s St. Lawrence unit wins injunction against HTC in Court in Mannheim, Germany

Acacia Research Corp. (ACTG), the patent licensing company run by CEO Matthew Vella, said its German subsidiary St. Lawrence GmbH won a injunction against HTC Corp. in Germany preventing the telecommunications company from selling wireless handsets featuring high definition voice coding in Germany. Newport Beach, California-based Acacia said St. Lawrence owns the German version of [...]

By | December 15th, 2015|Patent Investing|Comments Off on Acacia’s St. Lawrence unit wins injunction against HTC in Court in Mannheim, Germany

Vringo regains compliance with Nasdaq minimum listing standards

Vringo Inc. (VRNG), the patent licensing company run by CEO Andrew Perlman, said it has regained compliance with the Nasdaq Capital Market’s minimum listing requirement for share price. New York-based Vringo’s share price had fallen below the $1 share minimum listing requirement before it completed a one-for-10 reverse stock split on Nov. 30. In the [...]

By | December 15th, 2015|Patent Investing|Comments Off on Vringo regains compliance with Nasdaq minimum listing standards

Crossroads Systems posts narrower net loss in fiscal 2015 on lower expenses except for litigation

Crossroads Systems Inc. (CRDS), the patent licensing company run by CEO Richard Coleman Jr., posted a narrower net loss in the fiscal year ended Oct. 31, 2015 as lower expenses excluding litigation made up for higher litigation expenses and lower revenue. Austin, Texas-based Crossroads said its net loss for the fiscal year was $9.3 million, [...]

By | December 14th, 2015|Patent Investing|Comments Off on Crossroads Systems posts narrower net loss in fiscal 2015 on lower expenses except for litigation

Court rules Finjan can’t keep legal fees confidential in motion for exceptional case fees against Blue Coat

A federal judge in San Jose, California denied Finjan Inc.’s (FNJN) motion to keep under seal the amount of money it spent in winning a $39.5 million infringement award against Blue Coat Systems Inc. Finjan is seeking exceptional case fees in the dispute with Blue Coat Systems after winning the $39.5 million award earlier this [...]

By | December 14th, 2015|Patent Investing|Comments Off on Court rules Finjan can’t keep legal fees confidential in motion for exceptional case fees against Blue Coat

DSS extends CEO Ronaldi’s contract another month as it aims to complete $2M capital raise

Document Security Systems Inc. (DSS) said it has extended for another month the employment contract of CEO Jeff Ronaldi until Jan. 9, 2016 so that the patent licensing company can continue to try to raise as much as $2 million in an equity offering to enable it to commercialiZe its ant-counterfeiting technology business. Rochester, N.Y.-based [...]

By | December 14th, 2015|Patent Investing|Comments Off on DSS extends CEO Ronaldi’s contract another month as it aims to complete $2M capital raise

Tangible IP brokers sale of location services patents for Navizon’s Mexens IP Holdings

Tangible IP LLC, the patent brokerage run by Louis Carbonneau, said it brokered the sake of a patent portfolio related to location services owned by Mexens IP Holdings LLC, a unit of Navizon Inc. Seattle-based Tangible IP said the identity of the buyer and the terms of the agreement were not disclosed. Miami, Florida-based Mexens [...]

By | December 11th, 2015|Patent Investing|Comments Off on Tangible IP brokers sale of location services patents for Navizon’s Mexens IP Holdings

Unwired Planet to buy back shares, complete 1-for-12 reverse split to regain Nasdaq compliance

Unwired Planet Inc. (UPIP), the patent licensing company run by CEO Boris Teksler, said plans to buy back as many as 5 million shares of stock and that its shareholders approved a 1-for-12 reverse stock split to help it regain compliance with the Nasdaq Capital Market’s minimum listing standards. Los Altos, Calif.-based Unwired Planet said [...]

By | December 11th, 2015|Patent Investing|Comments Off on Unwired Planet to buy back shares, complete 1-for-12 reverse split to regain Nasdaq compliance

Zoove pays extra $100K to prepay license to SITO Mobile for total of $550K

SITO Mobile Ltd. (SITO), the patent licensing company run by CEO Jerry Hug, said Zoove Corp. agreed to pay an extra $100,000 to prepay a total of $550,000 under an amendment to the original licensing agreement The amended agreement was signed Dec. 4. The original agreement called for Zoove to pay just $450,000 over a [...]

By | December 10th, 2015|Patent Investing|Comments Off on Zoove pays extra $100K to prepay license to SITO Mobile for total of $550K

Finjan seeks exceptional case fees from Blue Coat on top of $39.5M award

Finjan Inc. (FNJN), the cybersecurity licensing company that won a $39.5 million award from Blue Coat Systems in their infringement dispute, is asking a U.S. District Court in San Jose to order Blue Coat to pay Finjan’s attorneys fees under the U.S. Supreme Court’s Octane Fitness ruling. East Palo Alto, Calif.-based Finjan said Blue Coat’s [...]

By | December 9th, 2015|Patent Investing|Comments Off on Finjan seeks exceptional case fees from Blue Coat on top of $39.5M award

Patent licensing companies may be lowering their revenue expectations

Patent licensing companies that want to reach licensing agreements with infringing companies without litigation may have to reduce their asking price by as much as 50% to 70%, according to three CEOs. In an interview at the IP Dealmakers Conference in New York on Monday, Dec. 7, WiLAN Inc. (WILN) CEO Jim Skippen said “the [...]

By | December 9th, 2015|Patent Investing, Patent Trolling|Comments Off on Patent licensing companies may be lowering their revenue expectations