Dominion Harbor’s Monument Peak Ventures unit renews Kodak license with Nokia

Dominion Harbor Enterprises, the patent transaction and advisory company run by CEO David Pridham, said its Monument Peak Ventures (MPV) subsidiary has entered into a patent license renewal agreement with Nokia for the MPV Kodak digital imaging portfolio. Dallas-based Dominion said the terms of the transaction were not disclosed. MPV acquired the Kodak digital imaging [...]

By | October 31st, 2017|licensing agreement, Patent Investing|0 Comments

Quatela, Lynch and McCurdy form new patent aggregator with Nokia patents and $40M funding from GCM Grosvenor

Intellectual property veterans Dan McCurdy, Tim Lynch, and Laura Quatela, the founders of the IP advisory firm, Quatela Lynch & McCurdy, said they have formed a new patent aggregator called Provencance Asset Group LLC that will focus on providing licenses to litigation grade patents only to operating companies for defensive purposes. Provenance, based in Essex, [...]

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

RPX posts 21% drop in 3Q net income as fee-related revenue declines offset higher discovery services revenue

RPX Corp. (RPXC), the patent aggregator and provider of discovery services run by CEO Martin Roberts, posted a 21% decline in third quarter 2017 net income as high discovery services revenue was offset by lower subscription revenue and fee related revenue. San Francisco-based RPX said its third quarter net income fell to $6.4 million, or [...]

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

Acacia posts 3rd Qtr profit of $158.4M on unrealized gain on Veritone investment

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, posted third quarter net income $158.4 million, or $3.13 a share, driven by an unrealized gain on its investment in Veritone Inc. (VERI), the artificial intelligence company that went public earlier this year. The Newport Beach, California-based company said its [...]

By | October 26th, 2017|earnings, Patent Investing|0 Comments

InterDigital posts 66% drop in 3rd Qtr earnings, exceeds expectations

InterDigital Inc. (IDCC), the technology and licensing company run by CEO Bill Merritt, posted a 66% decline in net income in the third quarter of 2017 as past patent royalties declined by more than half. The Wilmington, Delaware-based company said its third quarter net income fell to $34.7 million, or $1 a share, from $103.5 [...]

By | October 26th, 2017|earnings, Patent Investing|0 Comments

ParkerVision hires PR firm to help market new Milo consumer WiFi Product

ParkerVision Inc. (PRKR), the technology and licensing company run by CEO Jeffrey Parker, said it has named ASTRSK PR to help market and sell its new Milo consumer WiFi product. The Jacksonville, Florida-based company said the PR firm will handle ParkerVision's communications efforts for the official launch of Milo, ParkerVision’s newly distributed WiFi system. ASTRSK [...]

By | October 25th, 2017|Patent Investing, Product|0 Comments

Circuit Judge’s rebuke of Mohawk Tribe’s Allergan deal criticized as unnecessary, paternalistic

The Federal Circuit Judge who was overseeing the patent dispute between Allergan Plc and the Saint Regis Mohawk Tribe and generic drug makers in the U.S. District Court in Marshall, Texas, should have stuck to the law in deciding to invalidate the patents at issue rather than criticizing the tactic of using tribal sovereign immunity [...]

By | October 25th, 2017|litigation, Patent Investing, Patent Reform, PTAB|0 Comments

Saint Regis Mohawk Tribe defends its Allergan deal in reply to opposition to dismiss IPRs

The Saint Regis Mohawk Tribe defended the controversial transaction in which Allergan Plc assigned patents for the chronic dry eye drug Restasis to the tribe for a promise to use its tribal immunity as a shield against inter partes review challenges before the Patent Trial and Appeal Board. The defense came in the form of [...]

VirnetX Holding Corp. expects third quarter net loss between $11M and $12M

VirnetX Holding Corp. (VHC), the patent licensing company that won a $439.8 million infringement award against Apple Inc. said it expects to report a net loss of between $11 million and $12 million in the third quarter of 2017. The Zephyr Cove, Nevada-based company said the loss per share will be between 18 cents and [...]

By | October 19th, 2017|earnings, Patent Investing|0 Comments

Xperi names exCEO of IPValue Murali Dharan as president of Tessera licensing unit

Xperi Corp. (XPER), the technology and licensing company run by CEO Jon Kirchner, named Murali Dharan, the former CEO of IPVALUE Management, as president of Tessera Intellectual Property Corp. Dharan will be responsible for the strategic direction, management and growth of the Tessera intellectual property licensing business and will report to Kirchner. At IP VALUE, [...]

By | October 19th, 2017|exec changes, Patent Investing|0 Comments