Yahoo!’s asking price for patents suggests auction is unlikely to lead to sale

Struggling internet giant Yahoo! Inc. set a minimum bid of $500 million for its portfolio of 4,000 patents, which turns out to be about five times what most bidders are willing to pay, suggesting that the auction is less about a sale and more about maximizing the value of the core operating business in a [...]

By | July 23rd, 2016|Patent Investing|Comments Off on Yahoo!’s asking price for patents suggests auction is unlikely to lead to sale

Finjan’s $39.5M award against Blue Coat is upheld, though enhanced damages, attorney fees are denied

Finjan Inc. (FNJN)’s $39.5 million award against Blue Coat Systems was upheld as Judge Beth Labson Freeman on July 18 rejected Blue Coat’s argument that the award should be thrown out because of improper and prejudicial instructions to the jury. Judge Freeman of the U.S. District Court in San Jose, rejected Blue Coat’s arguments about [...]

By | July 22nd, 2016|Patent Investing|Comments Off on Finjan’s $39.5M award against Blue Coat is upheld, though enhanced damages, attorney fees are denied

Federal Circuit vacates finding of non-infringement in Unwired Planet v. Apple dispute

The Court of Appeals for the Federal Circuit vacated a district court’s summary judgement ruling against the former Unwired Planet Inc. in a patent infringement dispute with Apple Inc. The decision is a positive development for Les Ware’s Optis UP Holdings, which acquired Unwired Planet’s patent portfolio last month for up to $40 million. The [...]

By | July 22nd, 2016|Patent Investing|Comments Off on Federal Circuit vacates finding of non-infringement in Unwired Planet v. Apple dispute

ParkerVision shares soared after licensing agreement and settlement with Samsung, terms not disclosed

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it has entered into a settlement and patent license agreement with Samsung Electronics Co. Ltd. and its affiliates for a worldwide license of ParkerVision’s current patent portfolio. The terms of the agreement were not disclosed. Officials from ParkerVision couldn’t be reached for [...]

By | July 22nd, 2016|Patent Investing|Comments Off on ParkerVision shares soared after licensing agreement and settlement with Samsung, terms not disclosed

Qualcomm posts 24% increase in fiscal third quarter profit helped by Chinese licensees

Qualcomm Inc. (QCOM), the technology licensing company run by CEO Steve Mollenkopf, posted a 24% increase in net income in the fiscal third quarter of 2016 on what the company described as “meaningful progress with licensees in China.” San Diego-based Qualcomm said its fiscal third quarter profit increased to $1.4 billion, or 97 cents, from [...]

By | July 21st, 2016|China, Patent Investing|Comments Off on Qualcomm posts 24% increase in fiscal third quarter profit helped by Chinese licensees

Rambus posts 43% drop in 2Q profit as higher costs outstrip revenue growth

Rambus Inc. (RMBS), the technology licensing company run by CEO Ron Black, said its second quarter net income fell 43% as higher costs and expenses outstripped higher revenue. Sunnyvale, California-based Rambus posted net income of $3.88 million, or 4 cents a share, compared with $6.86 million, or 6 cents a share, a year ago. The [...]

By | July 21st, 2016|Patent Investing|Comments Off on Rambus posts 43% drop in 2Q profit as higher costs outstrip revenue growth

ITC asks district court to request Ministry of Justice in China’s assistance in gathering evidence in Tessera’s v. Broadcom

An administrative law judge of the U.S. International Trade Commission, which is investigating a patent infringement claim filed by Tessera Technologies Inc. (TSRA) against Broadcom Ltd., has asked the U.S. District Court in Washington, D.C. to submit a letter of request to the Ministry of Justice in China for assistance in the production of documents [...]

By | July 19th, 2016|Patent Investing|Comments Off on ITC asks district court to request Ministry of Justice in China’s assistance in gathering evidence in Tessera’s v. Broadcom

Marathon Patent Group hires technical consultant Dr. David Liu as Chief Technology Officer

Dr. David Liu, a technical consultant on patent cases involving flash memory and semiconductors, has joined Marathon Patent Group Inc. (MARA) as chief technology officer. Dr. Liu served as a technical consultant and testifying expert to some of the country’s top patent litigation law firms dealing with highly complex patent infringement matters. His other experience [...]

By | July 18th, 2016|Patent Investing|Comments Off on Marathon Patent Group hires technical consultant Dr. David Liu as Chief Technology Officer

NPE USB Technologies files enforcement actions against Gigastone, PNY, Micron and two others

USB Technologies LLC, the owner, by assignment, of a patent for a double interface SD memory card, has filed five new patent infringement actions in U.S. District Court in Pasadena, California, against Gigastone America Corp., PNY Technologies, Micron Consumer Products, Transcend Information Inc. and Silicon Power Computer & Communications USA Inc. The patent in suit [...]

By | July 18th, 2016|Patent Investing|Comments Off on NPE USB Technologies files enforcement actions against Gigastone, PNY, Micron and two others

ParkerVision raises $3M in equity from accredited investors to continue enforcement campaigns

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it raised $3 million in a private placement of common stock to accredited investors. According to a filing with the Securities and Exchange Commission, the stock was issued to BTcity Managers LLC, a Delaware limited liability company formed in 2014. Jacksonville, Florida-based [...]

By | July 9th, 2016|Patent Investing|Comments Off on ParkerVision raises $3M in equity from accredited investors to continue enforcement campaigns