Xperi swings to $39.1M loss in second quarter as R&D, litigation and other costs outpaced revenue gains

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, swung to a net loss of $39.1 million, or 79 cents a share, as higher research and development, administrative, patent amortization and litigation costs outpaced revenue gains. The San Jose, California-based company said the net loss compared with net income of [...]

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

Acacia posts narrower 2nd-Qtr loss on lower revenue, cost cutting as licensing retreat continues

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, posted a narrower net loss in the second quarter of 2017 as the company continued its retreat from the licensing business by bringing in less revenue and cutting costs. The Newport Beach, California-based company said its second quarter net loss [...]

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

WiLAN’s Improved Search settles infringement dispute with AOL after a PTAB win

Improved Search LLC, a unit of WiLAN Inc. the the patent licensing arm of Quarterhill Inc. (QTRH), the diversified holding company run by Executive Chairman Jim Skippen, and Oath Inc., a unit of AOL Inc. agreed to settle their patent infringement dispute. Terms of the settlement were not disclosed. Improved Search filed its complaint in [...]

Microcap Nano One Materials files patents to secure ‘innovative’ battery storage technology

Nano One Materials (NNOMF) is spending considerable amounts of its time and money filing patents on its low cost, high performance nanotechnology for lithium ion battery materials for electric vehicles, energy storage and consumer electronics. The Vancouver, British Columbia-based company says its patented technology can be configured for a wide range of nanostructured materials and [...]

By | July 27th, 2017|Asia, China, Korea, Patent Investing|0 Comments

(Update1) Conversant IP brings SEP enforcement actions against Huawei and ZTE in U.K. High Court of Justice

Conversant Wireless Licensing S.à r.l., a subsidiary of Conversant Intellectual Property Management Inc., filed a standard essential patent infringement case against Huawei Technologies and ZTE Corp, in the Patents Court of the High Court of Justice in London, United Kingdom. The Ottawa, Ontario-based company, which is run by CEO Boris Teksler, declined to comment on [...]

By | July 27th, 2017|litigation, Patent Investing|0 Comments

InterDigital posts 31% increase in net income, though revenue comes in lighter than expected

InterDigital Inc. (IDCC), the technology and patent licensing company run by CEO Bill Merritt, posted a 31% increase in second quarter 2017 net income as revenue increases more than made up for increased costs. Wilmington, Delaware-based InterDigital said its second quarter net income rose to $52.5 million, or $1.46 a share, from $40 million, or [...]

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

Network-1 sets semi-annual cash dividend of 5 cents through expiration of Remote Power Patent in March 2020

Network-1 Technologies Inc.(NTIP), the patent licensing company run by CEO Corey Horowitz, said its board has declared a semi-annual cash dividend of 5 cents a share, payable on September 20, 2017 to all common stockholders of record as of September 1, 2017. In December 2016, Network-1’s board approved the initiation of a dividend policy as [...]

By | July 26th, 2017|Patent Investing|0 Comments

Qualcomm licenses wireless electrical vehicle charging technology to Nichicon in Asia

Qualcomm Inc. (QCOM) and Nichicon Corp. (TSE: 6996) today announced that they have entered into a wireless electric vehicle charging (WEVC) license agreement for undisclosed terms. San Diego-based Qualcomm said Nichicon will include Qualcomm Halo WEVC technology in its product portfolio and will focus on commercializing WEVC systems for Plug-In Hybrid (PHEV) and Electric Vehicle (EV) [...]

By | July 26th, 2017|Asia, licensing agreement, Patent Investing|0 Comments

U.S. District Court Judge more than doubles award WARF won against Apple to $506.1 million

A judge in the U.S. District Court in Madison, Wisconsin awarded the Wisconsin Alumni Research Foundation $506.08 million in an infringement dispute with Apple Inc. (AAPL), the second time the foundation has won a hundred million dollar award against the computer giant. Judge William Conley said he based his award on WARF’s claim of literal [...]

By | July 26th, 2017|Federal Circuit, litigation, Patent Investing|0 Comments

Acacia says its board elected corporate attorney James Sanders as a Class I director

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, said that on July 18, unanimously elected James Sanders to serve as a Class I director, effective immediately. Sanders fills a board seat once held by former Chairman Robert “Chip” Harris, who resigned in June 2016, six months after former [...]

By | July 24th, 2017|exec changes, Patent Investing|0 Comments