Judge re-affirms Finjan’s $15M verdict against Sophos, awards interest, but won’t amend damages

A U.S. District Court in San Francisco re-affirmed a $15 million jury verdict Finjan Holdings Inc. (FNJN), the cyber technology and licensing company run by CEO Phil Hartstein, won against Sophos Inc. and awarded pre-judgement and post-judgement interest, though he denied motions to amend the case and award exceptional case fees. Judge William Orrick also [...]

By | March 15th, 2017|litigation, Patent Investing|0 Comments

Xperi’s Invensas signs tech transfer and license agreement with China’s SMIC for undisclosed amount

Xperi Corp. (XPER), the technology and licensing company run by CEO Tom Lacey, said its Invensas unit signed a technology transfer and licensing agreement with Semiconductor Manufacturing International Corp., a leading semiconductor foundry in China. San Jose, California-based Xperi didn’t disclose the terms of agreement, which will enable SMIC to offer Invensas Direct Bond Interconnect [...]

By | March 14th, 2017|China, licensing agreement, Patent Investing|0 Comments

(Update1) Intel acquires Mobileye for $15.3b, vaulting into self-driving car market and gaining critical IP

Intel Corp.’s (INTC) agreement to acquire Mobileye LLC, an Israel-based self-driving car technology developer, for $15.3 billion, vaults the chipmaker in the market until now dominated by Waymo LLC and Uber Technologies, who are involved in an ugly trade secret theft and patent infringement war, and may help shield Intel from IP disputes as the [...]

By | March 13th, 2017|Patent Investing|0 Comments

ITC dismisses ParkerVision’s ‘key evidence’ in dispute with Qualcomm, Apple and LG

ParkerVision Inc. (PRKR), the RF semiconductor and patent licensing company run by CEO Jeffrey Parker, suffered another major setback in its infringement dispute with Qualcomm Inc. (QCOM), Apple Inc. and LG Electronics, after an administrative law judge at the U.S. International Trade Commission disallowed what ParkerVision called “key factual evidence.” The Jacksonville, Florida-based company said [...]

By | March 13th, 2017|litigation, Patent Investing|0 Comments

(Update3) Waymo files formal request for preliminary injunction against Uber, Ottomotto and Otto Trucking

Waymo LLC, the self-driving car unit of Google Inc.’s holding company Alphabet, formally filed for a preliminary injunction to block Uber Technologies Inc., Ottomotto LLC and Otto Trucking LLC from further developing rival self-driving car technology based on Waymo’s LiDAR technology. In an amended complaint and a motion to motion seeking a preliminary injunction filed [...]

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

Acacia shares plunge 10% after fourth quarter NonGAAP earnings and revenue disappoint

Shares of Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., plunged more than 10% on Friday, March 10, in early trading, a day after the company posted a narrower net loss and disappointing nonGAAP earnings and revenue. The Newport Beach, California-based company said its fourth quarter net loss [...]

By | March 10th, 2017|earnings, Patent Investing|0 Comments

VirnetX Holding may have to accept 8 figures from Apple or risk getting nothing

VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, may have to accept an 8 figure settlement from Apple Inc. (APPL) if it wants to get anything at all, patent market observers say. An eight figure settlement would be less than a third of the $302 million Zephyr Cove, Nevada-based VirnetX [...]

By | March 10th, 2017|litigation, Patent Investing, PTAB|0 Comments

ParkerVision raises $10M from at-the-market offering managed by FBR Capital

ParkerVision Inc. (PRKR), the developer of semiconductor technology solutions for wireless applications and licensing company run by CEO Jeffrey Parker, said it raised $10 million from an at-the-market (ATM) offering facility. The Jacksonville, Florida-based company said it sold about 4.1 million shares at an average price of $2.46 per share. The ATM offering was managed [...]

By | March 10th, 2017|Financing, Patent Investing|0 Comments

Acacia posts narrower loss in fourth quarter and year, though licensing revenue disappoints

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said its fourth quarter net loss narrowed to $10.6 million, or 21 cents a share, reflecting lower than expected licensing revenue. The Newport Beach, California-based company posted a net loss of $115.9 million, or $2.33 a share, a year ago. [...]

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

Inventergy holders approve assignment of patents to newly created SPV controlled by Fortress

Inventergy Global Inc. (INVT), the patent monetization company that was forced to give up the first $30 million of enforcement recoveries plus 70% of recoveries thereafter to cure a loan default with Fortress Investment Group, said its shareholders approved a proposal to assign its patent portfolio to a newly created special purpose vehicle. The Campbell, [...]

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