WiLAN acquires industrial IoT company IRD for $47.4M , plans to become diversified holding company

Wi-LAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said it is acquiring an industrial Internet of Things technology company called International Road Dynamics (OTC:IRDYF) for $47.4 million and changing its corporate structure to become a diversified holding company called Quarterhill Inc. The Ottawa, Ontario-based company said it is acquiring all the [...]

By | April 17th, 2017|Patent Investing|0 Comments

DSS files infringement actions based on its LED patents against Cree, Seoul Semiconductor and Everlight

Document Security Systems Inc. (DSS), the patent monetization company run by CEO Jeff Ronaldi, said it has filed lawsuits against Cree Inc., Seoul Semiconductor Co. Ltd. and Seoul Semiconductor Inc., and Everlight Electronics Co. Ltd. and Everlight Americas Inc., alleging infringement of several light emitting diode patents. Rochester, New York-based DSS filed the infringement actions [...]

By | April 17th, 2017|litigation, Patent Investing|0 Comments

InterDigital partners with EvoNexus to connect with early stage companies for potential investment

InterDigital Inc. (IDCC), the technology and licensing company run by CEO William Merritt, said it is partnering with EvoNexus, the San Diego-based tech startup incubator, to invite early stage companies and innovators to present their technologies to InterDigital executives through the EvoNexus MarketLink program. The Wilmington, Delaware-based company said the the goal is to give [...]

By | April 17th, 2017|Patent Investing|0 Comments

Qualcomm alleges Apple is trying to use its market power to force Qualcomm to accept lower than market rate

Qualcomm Inc. (QCOM), the technology and licensing company run by CEO Steve Mollenkopf, denied Apple Inc.’s (AAPL) claim that it improperly overcharged the computer giant for chip royalties and counterclaimed that Apple is seeking to pay less than fair value for Qualcomm’s technology. The denial and counterclaim came last week in Qualcomm’s answer to Apple’s [...]

By | April 17th, 2017|litigation, Patent Investing|0 Comments

BlackBerry wins $814.9M arbitration award in dispute with Qualcomm over royalty rebates

BlackBerry Ltd (BBRY), the software technology and licensing company run by CEO John Chen, last week won an $814.9 million binding interim arbitration award against Qualcomm Inc. (QCOM). The Waterloo, Ontario-based company said the final award including interest and reasonable attorneys’ fees will be issued after a hearing on May 30. The parties had agreed [...]

By | April 17th, 2017|Patent Investing|0 Comments

Marathon gives CFO Knuettel a 44% raise in salary as stock remains near 52-week low

Marathon Patent Group (MARA), the patent monetization company run by CEO Doug Croxall, gave Chief Financial Officer Francis Knuettel II a 44% raise to $360,000. In 2016, Knuettel earned a salary of $250,000 and received a bonus of $185,000. In 2015, he received a salary of $250,000 and a bonus of $215,000. In 2015, he [...]

By | April 17th, 2017|exec changes, Patent Investing|0 Comments

RPX names Mallun Yen to its board, promotes two execs to boost client services and revenue

RPX Corp. (RPXC), the patent aggregator run by CEO Martin Roberts, said on Friday it named Mallun Yen to its board effective immediately and promoted two other executives. Steve Swank was promoted to chief revenue officer and that Emily Gavin was promoted to general counsel, the position Roberts held before he was named CEO in [...]

By | April 17th, 2017|exec changes, Patent Investing|0 Comments

(Update2) U.K. High Court of Justice sets FRAND rates for standard essential patents in dispute between former Unwired Planet and Huawei

Justice Colin Birss, of the High Court of Justice, Chancery Division Patent Court in the U.K., handed the former Unwired Planet Inc. a victory today, setting worldwide fair and reasonable and non-discriminatory, or FRAND, rates for standard essential patents in an action brought by Huawei Technologies. Les Ware, the CEO of Panoptis Patent Management, whose [...]

By | April 5th, 2017|China, Europe, litigation, Patent Investing|0 Comments

(Update1) Marathon is facing arbitration claim of outstanding legal fees related to Signal IP enforcement action

Marathon Patent Group Inc. (MARA), the patent licensing company run by CEO Doug Croxall, said it’s facing an arbitration request from Liner LLP, the law firm that formerly represented its Signal IP unit’s enforcement action against automobile manufacturers, which set preliminary damages at $1.4 billion to $1.6 billion. Los Angeles-based Marathon said on October 13, 2016, [...]

By | April 5th, 2017|Patent Investing|0 Comments

(Update3) Waymo seeks ‘adverse inference’ against Uber for willful failure to return allegedly stolen documents

Waymo LLC, the self-driving car company spun off as a unit of Google Inc.’s holding company Alphabet Inc., has asked the federal judge overseeing its trade secret theft and patent infringement action against Uber Technologies to draw an adverse inference from Uber’s "willful failure" to comply with the district court’s order of production. “Uber’s conduct [...]

By | April 4th, 2017|litigation, Patent Investing|0 Comments