Marathon registers shares to allow shareholders to sell, warrant holders to exercise

Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, filed a registration statement to allow shareholders to sell 1,915,095 shares of its common stock valued today at $3.19 million and exercise a similar amount of warrants at a price of $1.70. Los Angeles-based Marathon said it would use any proceeds [...]

By | February 10th, 2017|Patent Investing|0 Comments

Snap’s $25B IP0 may be upended by patent infringement dispute with Investel Capital Corp.

Snap Inc., the owner of the Snapchat social media service that filed for a $3 billion initial public offering that would value the company at up to $25 billion, says it strives for kindness in its business interactions, except apparently when it comes to patent disputes. “Our team is kind, smart, and creative,” the Venice, [...]

By | February 10th, 2017|litigation, Patent Investing|0 Comments

Dimensional Funds takes a 7.18% stake in RPX after departure of former CEO John Amster

Dimensional Fund Advisors LP, a unit of Dimensional Holdings Inc., the investment manager run by Co-CEOs David Booth an Eduardo Repetto, reported a 7.18% stake in RPX Corp. (RPXC) in a February 9 filing with the Securities and Exchange Commission. Austin, Texas-based Dimensional reported holding 3,529,538 shares of San Francisco-based RPX. The investment fund reported [...]

By | February 10th, 2017|Patent Investing|0 Comments

Former RPX founder John Amster seen as unlikely to mount a successful buyout of patent aggregator

Former RPX Corp. (RXC) CEO John Amster is unlikely to mount a successful buyout of the patent aggregator he helped found, because the board led by representatives of Mangrove Partners believes it can extract more value from an overhaul and financial re-engineering of the company. Amster stepped down on Monday, February 6, after the board [...]

By | February 9th, 2017|Patent Investing|0 Comments

(Update1) WiLAN’s 4th-Qtr profit more than doubles on higher revenue, absence of restructuring charges

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its fourth quarter 2016 net income more than doubled as it brought in more revenue and cut costs. The Ottawa, Ontario-based company posted net income of $8.6 million, or 7 cents, versus $3 million, or 2 cents a share. That beat the [...]

By | February 9th, 2017|earnings, Patent Investing|0 Comments

RPX hires execs from Cisco, Time Warner to boost business development after CEO Amster’s departure

Andy Block and Neal Rubin have joined RPX Corp. (RPXC), the patent aggregator run by interim CEO Martin Roberts, as senior vice presidents, effective Feb. 6. Block and Rubin will be responsible for business development initiatives, syndicated acquisitions, and various industry relationships, bringing added value to both clients and prospects. The new hires come two [...]

By | February 8th, 2017|exec changes, Patent Investing|0 Comments

Former IP Nav President Deirdre Leane joins Technicolor as VP of licensing

Deirdre Leane, the former president of IP Navigation Group, has joined Technicolor SA, as vice president of licensing. The Paris-based technology licensing company said Leane will report to Arvin Patel, Technicolor's chief intellectual property officer. Leane couldn't be reached immediately for comment. Leane is the second new hire for Technicolor's licensing team. Kim Pugliese, formerly [...]

By | February 7th, 2017|exec changes, Patent Investing|0 Comments

Shares of DSS soar 19.8% as it signs up U.S. Fortune 500 company for anti-counterfeiting technology AuthentiGuard

Document Security Systems Inc. (DSS), the patent licensing and anti-counterfeiting technology provider, said a U.S.-based Fortune 500 company agreed to deploy DSS’s AuthentiGuard anti-counterfeit solution in the packaging of its products along the supply chain. Rochester, New York-based DSS said the customer has asked that its identity not be disclosed because of concern that the [...]

By | February 7th, 2017|Patent Investing, Product|0 Comments

German appellate court upholds finding of infringement against Vestel in dispute with Technicolor

Technicolor (Euronext Paris: TCH; OTCQX: TCLRY), the provider of technology in the media and entertainment sector, today announced that it won a favorable patent infringement decision against Vestel in Germany, a consumer electronic manufacturer. The Paris-based company said the concerned patent relates to digital audio/video data processing in television tuners. The company said a court [...]

By | February 6th, 2017|Europe, litigation, Patent Investing|0 Comments

(Update2) John Amster steps down at RPX after board rejects proposal to sell company in a take private transaction

John Amster, the co-founder and CEO of RPX Corp. (RPXC), the patent risk and discovery management solutions provider, stepped down today after the board rejected his proposal to sell the company in a take private transaction. San Francisco, California-based RPX, which Amster and co-founded with Eran Zur and Geof Barker in 2008, said its board [...]

By | February 6th, 2017|earnings, exec changes, Patent Investing|0 Comments