(Update1) PTAB hands Bass and Spangenberg first loss in challenge of patent behind Shire’s colitis drug Lialda

The Patent Trial and Appeal Board handed hedge fund manager J. Kyle Bass and IP Navigation Group founder Erich Spangenberg their first outright loss in a challenge of a patent related to an overpriced drug on Wednesday, finding they failed to prove the invalidity of the patent behind the colitis drug Lialda, owned by Shire [...]

By | October 7th, 2016|Patent Investing, PTAB|0 Comments

ParkerVision files another enforcement action in Germany, this time against Apple

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said its German unit ParkerVision GmbH filed an enforcement action against Apple Inc., Apple Distribution International and Apple Retail Germany B.V. & Co. KG for the infringement of the German part of European Patent 1 206 831. Jacksonville, Florida-based ParkerVision said the complaint [...]

By | October 7th, 2016|Europe, Patent Investing, Patent Trolling|0 Comments

(Update2) FTC study of patent assertion entities urges legislative and judicial reforms to correct unfair advantages

After a five and a half year study of patent assertion entity (PAE) activity in the U.S., the U.S. Federal Trade Commission has found that PAEs, have many unfair advantages over their alleged infringers that should be corrected by legislative or judicial reforms. “The FTC recognizes that infringement litigation plays an important role in protecting [...]

By | October 6th, 2016|Patent Investing, Patent Trolling|0 Comments

BlackBerry forms company to sell small portfolio of handset patents to syndicate led by RPX for $20M

BlackBerry Ltd. (BBRY), the mobile solutions software technology company run by CEO John Chen, may be close to selling a small portfolio of handset patents to a syndicate being led by RPX Corp. (RPXC), the patent aggregator and provider of NPE litigation loss control services, for about $20 million, two people familiar said. The move [...]

By | October 6th, 2016|Patent Investing|0 Comments

Investment bank Black Stone IP said to begin new pitch for Yahoo!’s Excalibur IP LLC unit

IP investment bank Black Stone IP LLC is once again telling interested parties to submit bids for Yahoo! Inc.’s (YHOO) Excalibur IP LLC portfolio of 3,000 non-core patents, after the first round failed to yield any serious bids because of unrealistic expectations, people familiar with the matter say. The company originally said its Excalibur portfolio [...]

By | October 6th, 2016|Patent Investing, Patent Trolling|0 Comments

Newegg’s Lee Cheng joins guitar maker Gibson Brands as COO and EVP

Lee Cheng, the general counsel of Newegg Inc. and avowed enemy of patent trolls everywhere, has joined guitar maker Gibson Brands Inc. as chief operating officer and executive vice president. Cheng will be based in Nashville, Tennessee, where Gibson Brands is located and report to Gibson CEO Henry Juskiewicz. "I will have a role in [...]

By | October 6th, 2016|exec changes, Patent Investing, Patent Trolling|0 Comments

Inventergy shares plunge another 33% after it raises $6M in registered offering

Inventergy Global Inc. (INVT), the patent licensing company that has agreed in a letter of intent to turn over 70% of revenue from enforcement actions to Fortress Investment Group Inc. (FIG) in lieu of debt repayment, said it raised $6 million from a registered offering of common stock and warrants. Campbell, California-based Inventergy said it priced [...]

By | October 6th, 2016|Patent Investing|0 Comments

Australian NPE GEMSA files enforcement action against Alibaba and others on two patents

Global Equity Management (SA) Pt. Ltd., the Australian non-practicing entity, on Oct. 4 filed an enforcement action against Chinese social media giant Alibaba Group Holding Ltd. and affiliates alleging infringement of three patents related to system virtualization. The action was filed in U.S. District Court in Marshall, Texas before Judge William Schroeder III. The complaint [...]

By | October 5th, 2016|Patent Investing, Patent Trolling|0 Comments

(Update1) Network-1 reaches patent licensing settlement with Polycom worth more than $5M

Network-1 Technologies Inc., (NTIP), the patent licensing company run by CEO Corey Horowitz, said it reached a settlement and patent licensing agreement with Polycom Inc. worth more than $5 million. New York-based Network-1 said the agreement ends an enforcement action it brought against Polycom in U.S. District Court in Tyler, Texas.  The patent in suit [...]

By | October 4th, 2016|licensing agreement, Patent Investing|0 Comments

WiLAN’s Automation Middleware enters patent licensing agreements with Kollmorgan, Fortive

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its Automation Middleware Solutions Inc. unit has entered into patent license agreement with Kollmorgan Corp. and Fortive Corp. The terms of the agreement, which covers patents for automation technology used in various industries such manufacturing and refining, were not disclosed. --To reach [...]

By | October 4th, 2016|licensing agreement, Patent Investing|0 Comments