Inventergy files enforcement action against Apple over 6 patents acquired from Panasonic

Inventergy Inc., a unit of Inventergy Global (INVT), the patent licensing company forced to give up the first $30 million of future enforcement recoverables and 70% of recoverables after that to a unit of Fortress Investment Group to cure a loan default, filed an enforcement action against Apple Inc. (AAPL) alleging infringement of six patents. [...]

By | February 28th, 2017|litigation, Patent Investing|0 Comments

(Update1) Acacia adopts of profit interest plan for execs, three weeks before it’s expected to report 4th-Qtr EPS of 8 cents

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said its AIP Operation LLC unit, set up to share profits with executives, adopted a new profits interest plan on February 16. Newport Beach, California-based Acacia announced the adoption of the profits rights plan in a filing with the Securities [...]

By | February 28th, 2017|earnings, exec changes, Patent Investing|0 Comments

ParkerVision raises $169,876 from private placement of shares to director Paul Rosenbaum

ParkerVision Inc. (PRKR), the RF semiconductor technology and licensing company run by Chairman and CEO Jeffrey Parker, raised $169,876.10 from a subscription agreement with Director Paul Rosenbaum who purchased 80,510 shares of ParkerVision common stock priced at $2.11 share. Jacksonville, Florida-based ParkerVision disclosed the issued shares and subscription agreement in a filing with the Securities [...]

By | February 27th, 2017|Financing, Patent Investing|0 Comments

(Update4) Google’s self-driving car spinoff Waymo sues Uber, Otto for theft of trade secrets, patent infringement

Waymo LLC, the spinoff of Google’s holding company Alphabet that is developing self-driving car technology, filed a lawsuit against Uber Technologies Inc., Ottomoto LLC and Otto Trucking LLC for theft of trade secrets and patent infringement. The complaint filed in U.S. District Court in San Francisco seeks preliminary and permanent injunctions, damages, punitive damages, which [...]

By | February 23rd, 2017|litigation, Patent Investing|0 Comments

InterDigital’s 4th-Qtr profit more than triples on licensing agreement with Huawei

InterDigital Inc. (IDCC), the mobile technology and licensing company run by CEO William Merritt, posted a more than threefold increase in profit in the fourth quarter on a big licensing agreement with Huawei that boosted past royalty payments. The Wilmington, Delaware-based company’s fourth quarter net income rose to $135.78 million, or $3.85 a share, from [...]

By | February 23rd, 2017|earnings, Patent Investing|0 Comments

ParkerVision CEO says consumer WI-FI product will produce revenue and move the company toward profit this year

Jeffrey Parker, the chairman and CEO of ParkerVision Inc. (PRKR), the RF semiconductor technology and patent licensing company, is betting that a new internally developed chip and consumer WI-FI product to be introduced in the second quarter will be the key to moving toward profitability this year. Parker says ParkerVision’s plan to sell a new [...]

By | February 23rd, 2017|litigation, Patent Investing, Product|0 Comments

ExUSPTO Deputy Director Slifer asks court to order Cantor unit to give back two gaming patents

Former U.S. Patent and Trademark Office Deputy Director Russell Slifer has asked the U.S. District Court in Manhattan to enter an injunction requiring CG Technology, a unit of investment bank Cantor Fitzgerald to assign all rights, title, and interests in Patent Nos. RE39,818 and 6,342,010 back to him. Slifer argues that he should be entitled [...]

By | February 22nd, 2017|litigation, Patent Investing|0 Comments

(Update1) Tessera changes its name to Xperi, posts 4th-Qtr loss on $40M in costs related to DTS acquisition

Tessera Holding Corp. (TSRA), the technology licensing company run by CEO Tom Lacey, said it is changing its name effective Feb. 23 to Xperi Corp., and its ticker symbol to XPER. to reflect its expanded capabilities, continued technological innovation and refined vision after the $850 million acquisition of audio technology provider DTS Inc. San Jose, [...]

By | February 22nd, 2017|earnings, Patent Investing|0 Comments

Centerbridge-backed NPE Fundamental Innovation files enforcement action against Samsung Electronics

Fundamental Innovation Systems International LLC, the non-practicing entity backed by investment manager Centerbridge Partners and run by Craig Thompson and Ozer Teitelbaum of TnT IP LLC, brought its fourth patent enforcement action against Samsung Electronics. The Flower Mound, Texas-based NPE previously filed enforcement actions against Huawei, ZTE Corp. and LG Electronics. Those cases were filed [...]

By | February 22nd, 2017|litigation, Patent Investing|0 Comments

BlackBerry is unlikely to become an NPE based on analysis of its patents by Envision IP

BlackBerry Ltd. (BBRY), which recently has become active in bringing its own enforcement actions as well as privateering through non-practicing entities, is unlikely to become a full fledged non-practicing entity (NPE), according to analysis of its patents by Envision IP LLC. Maulin Shah, the head of Envision IP, said in an email that BlackBerry has [...]

By | February 21st, 2017|Patent Investing|0 Comments