DSS cures default with Fortress, extends maturity of debt in return for share of recoveries and other obligations

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it has reached a new agreement with its creditor FortressCredit Co. LLC, a unit of Fortress Investment Group, to cure DSS's default on $4.5 million in patent secured loans and to extend the loans through February 13, 2018. Rochester, N.Y.-based [...]

By | December 8th, 2016|Patent Investing|0 Comments

Patent owner optimism about Trump administration may be dashed by president elect’s fleeting interest in patents

If patent monetization professionals, companies and investors are optimistic that President-elect Donald Trump will be an ally against the infringement lobby, they may be disappointed. Much is likely to be made about Trump’s possibly pro-patent owner views in light of his son Donald Trump Jr.’s 2011 investment in the former MacroSolve Inc., the patent assertion [...]

By | December 8th, 2016|Patent Investing|0 Comments

ParkerVision appoints directors with business, government and China trade policy experience

ParkerVision Inc. (PRKR), the patent licensing company run by Jeff Parker, said it named two business leaders with government, political and China trade policy experience to its board in what appears to be an effort to boost its influence with the business friendly Trump administration and a Republican controlled Congress. Frank Newman has served as Deputy [...]

By | December 8th, 2016|exec changes, Patent Investing|0 Comments

Tessera Holding Corp. appoints former DTS director Habiger to its board

Tessera Holding Corp. (TSRA), the technology licensing company run by CEO Tom Lacey, appointed former DTS Inc. director David C. Habiger to Tessera’s board, effective immediately. Habiger had previously served as a director of DTS from March 2014 until its acquisition by Tessera on Dec. 1. He was most recently the chair of the compensation [...]

By | December 7th, 2016|exec changes, Patent Investing|0 Comments

Form agrees to pay $2.1M in royalties to Nokia under settlement and patent assignment agreement

Form Holdings Corp. (FH), the holding company formerly known as Vringo, said it agreed to pay $2.1 million in royalty payments to Nokia Corp. under a confidential settlement and patent assignment agreement the two companies signed Dec. 5. New York-based Form said the agreement resolves in full the total royalties payable and certain other disputed [...]

By | December 7th, 2016|licensing agreement, Patent Investing|0 Comments

(Update1) WiLAN’s Commercial Copy Innnovations acquires patent portfolio from Eastman Kodak

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its wholly-owned subsidiary, Commercial Copy Innovations LLC, has acquired a portfolio of patents from Eastman Kodak Co. The Ottawa, Ontario-based company didn’t disclose the terms of the transaction of the number of patents it acquired. WiLAN said it was able to select [...]

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

(Update1) Equitable IP files another enforcement action on Behalf of Spherix against Alcatel-Lucent

Equitable IP Holding Corp., the patent monetization fund run by Dean Becker, filed another enforcement action on behalf of Spherix Inc. (SPEX) against Alcatel-Lucent SA and Alcatel-Lucent USA. The enforcement action is the latest by Equitable on behalf of Spherix since they announced a partnership that allowed Equitable to resuscitate Spherix’s moribund enforcement efforts. Conshohocken, [...]

By | December 5th, 2016|Patent Investing|0 Comments

RPX’s data guru Dan McCurdy joins Quatela Lynch, firm to be renamed Quatela Lynch McCurdy

Quatela Lynch Intellectual Property, the intellectual property consultancy founded in 2014 by Laura Quatela and Timothy Lynch, announced today that Dan McCurdy will join the firm as a partner effective January 1, 2017. McCurdy previously was a senior vice president of corporate development and data & technology solutions at RPX Corp. (RPXC), the San Francisco-based [...]

By | December 4th, 2016|exec changes, Patent Investing|0 Comments

Judge rejects Finjan’s request for injunction against Blue Coat based on Supreme Court’s eBay v. MercExchange ruling

A judge in the U.S. District Court in San Jose, California as expected rejected Finjan Holdings’ (FNJN) motion for a preliminary injunction against Blue Coat Systems Inc. in one of the two companies’ three infringement disputes. East Palo Alto, California-based Finjan won a $39.5 million award against Blue Coat in August 2015, which has been [...]

By | December 1st, 2016|Patent Investing|0 Comments

Spherix makes second foray outside patent enforcement since partnering with Equitable IP

Spherix Inc. (SPEX) the patent licensing company that partnered with Dean Becker’s Equitable IP Holdings Corp. to finance and manage its enforcement efforts, said it executed a "revenue generating" consulting services agreement with LawCash, a pre-settlement funding company. As usual, the Bethesda, Maryland-based company, run by CEO Anthony Hayes, was short on specifics, releasing no [...]

By | December 1st, 2016|consulting, Patent Investing|0 Comments