IP Nav’s Spangenberg, France Brevets’ Asselot form IP advisory firm Hermes Patents

IP Navigation Group founder and owner Erich Spangenberg is trying to re-invent the IP advisory business model with his newest firm Hermes Patents, founded with former France Brevets head of licensing and development Pascal Asselot. The firm, based in Paris, where Spangenberg lives part of the year, "brings unmatched experience in patent acquisition, portfolio management [...]

By | March 31st, 2017|Patent Investing|0 Comments

(Update1) Marathon shares slide 8.9% before closing up 6% as investors digest 2017 revenue forecast

Shares of Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, gained 7.37% after plunging almost 9% as investors digested weaker than expected 2016 revenue and guidance suggesting that the company would produce between $40 million and $50 million in 2017. Marathon shares gained 5 cents to $1.002 cents in [...]

By | March 31st, 2017|earnings, Patent Investing|0 Comments

(Update5) Marathon posts wider loss on disappointing revenue in 2016, shares surge after hours on revenue guidance for 2017

Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, posted a wider net loss in 2016 driven by disappointing revenue and higher than expected operating expenses. The Los Angeles-based company’s net loss of $28.7 million, or $1.89 a share, compared with a loss of $16.9 million, or $1.19 a share [...]

By | March 30th, 2017|earnings, Patent Investing|0 Comments

(Update1) Uber seeks to arbitrate Waymo’s trade secret theft claims, continue contesting patent claims in district court

Uber Technologies, the ride-sharing company that's developing self-driving car technology, has asked the U.S. District Court in San Francisco overseeing its trade secret theft and patent infringement dispute with Waymo LLC, the self-driving car company spun off from Google Inc. as a unit of its holding company Alphabet Inc., to order the trade secret theft [...]

By | March 29th, 2017|litigation, Patent Investing|0 Comments

Recent Beijing IP court rulings may encourage risk averse western NPEs to follow WiLAN’s lead

Two recent decisions by the Beijing IP court may finally convince struggling and risk averse western non-practicing entities to enter the enforcement market in China, acquire assets and bring long awaited infringement actions. Most recently, the Beijing IP court threw out an injunction against Apple Inc., which was put in place in a smartphone design [...]

By | March 29th, 2017|Asia, China, Patent Investing|0 Comments

Acacia’s St. Lawrence unit wins $9.2M verdict against Motorola, could be tripled on finding of willfulness

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, said its subsidiary Saint Lawrence Communications LLC won a $9.2 million award in a patent infringement dispute with Motorola. The Newport Beach, California-based company said the jury in the U.S. District Court in the Eastern District of Texas returned a [...]

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

Marathon Patent Group regains last week’s trading losses as shares surge 25%

Shares of Marathon Patent Group (MARA), the patent licensing company run by CEO Doug CRoxall, surged 25%, or 21 cents, to $1.06 in trading on Monday, March 27, regaining their level on March 20, the day before they fell 38 cents to 65 cents. Trading volume remained higher than normal with 707,725 shares changing hands. [...]

By | March 27th, 2017|Patent Investing|0 Comments

Finjan posts first ever fiscal year profit of $350K on $18.4M in paid licensing deals with F5, Proofpoint and Veracode

Finjan Holdings (FNJN), the cybertechnology and licensing company run by CEO Phil Hartstein, posted a profit in the fourth quarter of 2016 and its first ever fiscal-year 2016 profit, driven by licensing agreements with F5, Proofpoint, Veracode and another company. The East Palo Alto, California-based company said its net income for the fourth quarter was [...]

By | March 27th, 2017|earnings, Patent Investing|0 Comments

USPTO forms working group to comply with Trump executive order on deregulation

The U.S. Patent and Trademark Office said on Friday march 24 it had formed a working group  on regulatory reform to consider, review and recommend ways to improve, revise and streamline regulations in an effort to comply with President Donald Trump's executive order requiring two regulations be discarded in order to put a new one [...]

By | March 27th, 2017|Patent Investing, USPTO|0 Comments

IP law firm Knobbe Martens opens office in New York to boost recruiting efforts

Intellectual property law firm Knobbe Martens said it has opened a new office in New York, which will be run by partner Robb Roby. Roby, who is relocating from the law firm’s Orange County, California office will be joined by partner Tom Lee, and associates Dan Fischer, Zach Hong and Mitchell Hadley. The firm said [...]

By | March 27th, 2017|exec changes, Patent Investing|0 Comments