(Update2) Spherix and Equitable IP file first three of 10 enforcement actions v. Level 3, TW Telecom and FairPoint

Spherix Inc. (SPEX), the patent monetization company run by CEO Anthony Hayes, filed enforcement actions against Level 3 Communications (LVLT), TW Telecom and FairPoint Communications (FRP). The enforcement actions were made possible by Spherix’s partnership with Dean Becker’s Equitable IP, a privately held patent monetization firm. Earlier this year, Spherix and Equitable IP said they [...]

By | April 29th, 2016|Patent Investing, Patent Trolling|Comments Off on (Update2) Spherix and Equitable IP file first three of 10 enforcement actions v. Level 3, TW Telecom and FairPoint

NPEs seen as manageable threat in possible patent wars with auto tech industry

The current group of patent assertion companies also known as non-practicing entities, or NPEs, may be less of an opportunity for betting on a potential patent war in the auto tech sector because they are so diminished today after patent reform and the war on so-called patent trolls. Mark Gober, a senior director of 3LP [...]

By | April 28th, 2016|Patent Investing, Patent Trolling|Comments Off on NPEs seen as manageable threat in possible patent wars with auto tech industry

Automobile technology sector seen as target of possible patent war

The automobile technology sector with innovations for turning cars into wireless devices, electric and hybrid cars such as made by Tesla Motors, the self-driving car being developed by Google Inc. and even ride sharing services such as Uber, may offer patent investors a trading opportunity nearly as big as the recent patent wars over smartphones. [...]

By | April 28th, 2016|Patent Investing|Comments Off on Automobile technology sector seen as target of possible patent war

Judge Gilstrap denies motion to set aside verdict against ContentGuard in action against Apple setting stage for appeal to Federal Circuit

Judge Rodney Gilstrap of the U.S. District Court in Marshall, Texas denied a motion by Pendrell Corp. (PCO) to set aside a verdict of non-infringement in its ContentGuard Holdings unit’s enforcement action against Apple Inc. as well as a motion from Apple that the patent in suit was invalid for obviousness. The denial of the [...]

By | April 27th, 2016|Patent Investing|Comments Off on Judge Gilstrap denies motion to set aside verdict against ContentGuard in action against Apple setting stage for appeal to Federal Circuit

Cantor’s CG Technology is in dispute with USPTO Deputy Director over sale of patents enforced against gaming companies

CG Technology, owned by financial service giant Cantor Fitzgerald, paid only $100,000 to Russell Slifer, the deputy director of the U.S. Patent and Trademark Office for the patents at issue in enforcement actions it filed against seven sports betting and gaming companies including DraftKings Inc., FanDuel Inc. and Zynga. The enforcement actions were filed in [...]

By | April 27th, 2016|Patent Investing, Patent Trolling|Comments Off on Cantor’s CG Technology is in dispute with USPTO Deputy Director over sale of patents enforced against gaming companies

WiLAN swings back to profit in first quarter on 11 new license deals, cost controls

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said it posted a first quarter 2016 profit of $4.9 million on a 40% increase in revenue driven by 11 new licensing deals and lower expenses. Ottawa-based WiLAN’s first quarter profit per share of 4 cents compared with a net loss of $4.7 [...]

By | April 27th, 2016|Patent Investing|Comments Off on WiLAN swings back to profit in first quarter on 11 new license deals, cost controls

(Update1) Vringo sells license to certain patents to unnamed company for $8.9 million

Vringo Inc. (VRNG), the patent licensing company run by CEO Andrew Perlman, said it reached a licensing agreement with an unnamed company and will receive a one-time payment of $8.9 million. Shares of Vringo surged more than 13% on the announcement. They are currently trading up 15 cents or 8.7% to $1.87. They have traded [...]

By | April 25th, 2016|Patent Investing|Comments Off on (Update1) Vringo sells license to certain patents to unnamed company for $8.9 million

Richardson Oliver Law Group’s patent ranking system endorsed by Aqua Licensing

Richardson Oliver Law Group (ROL), run by former Rambus Inc. patent executives Kent Richardson and Erik Oliver, received an important endorsement of its open-sourced 2016 patent ranking system from Aqua Licensing LLC, the sell-side patent brokerage run by Mark McMillan, Peter Savich and Steve Smyrski. Aqua Licensing, based in San Francisco, said it intends to [...]

By | April 22nd, 2016|Patent Investing|Comments Off on Richardson Oliver Law Group’s patent ranking system endorsed by Aqua Licensing

Acacia’s first quarter net loss narrows on lower litigation expenses and cost cutting

Acacia Research Group (ACTG), the patent licensing company run by CEO Marvin Key, said its net loss for the first quarter of 2016 narrowed by 24% as it spent less on patent litigation, compensation and other expenses. The Newport Beach, Calif.-based company posted a net loss of $9.97 million, or 20 cents a share, versus [...]

By | April 22nd, 2016|Patent Investing|Comments Off on Acacia’s first quarter net loss narrows on lower litigation expenses and cost cutting

Marathon unit TLI gets initial enforcement win in Munich District Court against Yahoo!

Marathon Patent Group (MARA), the patent licensing company run by CEO Doug Croxall, said on April 21 the Munich District Court I handed down a ruling of infringement, damages and injunctive relief to its wholly owned subsidiary TLI Communications GmbH against Yahoo! Inc. and Yahoo! EMEA. Los Angeles-based Marathon said the enforcement action concerned the [...]

By | April 22nd, 2016|Patent Investing|Comments Off on Marathon unit TLI gets initial enforcement win in Munich District Court against Yahoo!