(Update1) Pendrell says its Memory Technologies unit enters patent licensing deal with Toshiba

Pendrell Corp. (PCO), the patent licensing company that took a $103.5 million writedown charge due to an adverse ruling against its ContentGuard unit in March, saidĀ its subsidiary Memory Technologies LLC entered into a patent license agreement with Toshiba Corp. covering embedded memory technologies and secure digital memory cards. Terms were not disclosed. Shares of Pendrell [...]

By | October 3rd, 2016|licensing agreement, Patent Investing|0 Comments

Private Aurelian IP Management files enforcement actions against HPE, Oracle and Fair Isaac

Aurelian IP Management LP, an affiliate of private non-practicing entity IP Valuation Partners LLC, filed patent infringement actions against Hewlett Packard Enterprise Co., Oracle Corp. and Fair Isaac Corp., alleging infringement of a patent for processing free-form data. The actions were filed in U.S. District Court in the Eastern District of Texas. The patent in [...]

By | October 3rd, 2016|Patent Investing, Patent Trolling|0 Comments

(Update2) Jury awards VirnetX $302M in third damages phase of infringement dispute with Apple

A jury in the U.S. District Court in Tyler, Texas, awarded VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, $302.4 million in damages in its patent infringement dispute with Apple Inc. (APPL). The award is the third won by VirnetX against Apple following a $625.6 million award in February and [...]

By | October 3rd, 2016|Patent Investing|0 Comments