Academics preparing proposal for advanced screening of enforcement actions to weed out non-meritorious claims

Academics from Harvard Business School and the University of Texas, who are concerned about the effect of non-practicing entities or patent trolls on emerging growth companies, are proposing a pilot study to create a board of judges and patent attorneys to perform an advanced screening on all new patent enforcement actions. The advanced screening process [...]

By | May 5th, 2016|Patent Investing, Patent Trolling|Comments Off on Academics preparing proposal for advanced screening of enforcement actions to weed out non-meritorious claims

(Update3) Vringo changes name to emphasize operating businesses, posts narrower 1st-Qtr loss

Vringo Inc. (VRNG), the technology licensing company that is run by CEO Andrew Perlman, said it is changing its name to FORM Holdings Corp. (FH) effective, Friday, May 6, and posted a narrower net loss of $3.6 million in the first quarter of 2016 on lower litigation expenses. The name change reflects Vringo’s effort to [...]

By | May 5th, 2016|Patent Investing|Comments Off on (Update3) Vringo changes name to emphasize operating businesses, posts narrower 1st-Qtr loss

Acacia Research says former Chairman Chip Harris will retire from board on June 9

Acacia Research Corp. (ACTG), the patent licensing company run by CEO Marvin Key, said former Chairman Robert L. (Chip) Harris II, who is a director and a member of Acacia's Office of the Chairman, plans to retire on June 9. Harris will continue to serve as a director until such time. Acacia said Harris’ decision [...]

By | May 3rd, 2016|Patent Investing|Comments Off on Acacia Research says former Chairman Chip Harris will retire from board on June 9

(Update3) RPX first quarter profit plunges 77% on higher cost of revenue and expenses

RPX Corp. (RPXC), the patent aggregator and provider of patent litigation loss control services run by CEO John Amster, said its first quarter 2016 net income fell 77% on higher cost of revenue and other expenses. San Francisco, California-based RPX posted net income fell to $4.2 million, or 8 cents a share, from per share, [...]

By | May 3rd, 2016|Patent Investing|Comments Off on (Update3) RPX first quarter profit plunges 77% on higher cost of revenue and expenses

Tessera posts 49% drop in first quarter profit on lower non-recurring revenue

Tessera Technologies Inc. (TSRA), the technology licensing company run by CEO Tom Lacey, posted a 49% drop in net income on higher research and development and litigation expenses and lower non-recurring revenue. The San Jose, California-based company said its first quarter net income fell to $18.09 million, or 36 cents, from $35.6 million, or 66 [...]

By | May 3rd, 2016|Patent Investing|Comments Off on Tessera posts 49% drop in first quarter profit on lower non-recurring revenue

WiLAN to assist University of Waterloo in monetizing technology and IP

WiLAN (WILN), the patent licensing company run by CEO Jim Skippen, said it it will assist the University of Waterloo in the commercialization of its technology and intellectual property under a new collaborative partnership. Ottawa-based WiLAN may be hoping it can reproduce the kind of returns for the University of Waterloo that attorneys achieved for [...]

By | May 2nd, 2016|Patent Investing|Comments Off on WiLAN to assist University of Waterloo in monetizing technology and IP