Quarterhill’s Commercial Copy Innovations enters licensing agreement with Mimaki Engineering

Quarterhill Inc. (QTRH), the diversified holding company formerly known as Wi-LAN Inc., said its subsidiary, Commercial Copy Innovations Inc., and Mimaki Engineering Company Ltd. have entered into a license agreement. The Ottawa, Ontario-based company said the license covers inkjet printing technology. Mimaki is a global industry leader and manufacturer of wide-format inkjet printers, cutting plotters, [...]

By | October 3rd, 2017|licensing agreement, Patent Investing|0 Comments

(Update1) Shares of VirnetX surge 40% on final judgement in Apple case with no details about settlement

Shares of VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, soared 42% today as investors reacted to a final judgement in its six year enforcement battle with Apple, though the terms of the judgement and any settlement were not disclosed. VirnetX shares gained $1.63 to $5.53 in trading today and [...]

By | October 2nd, 2017|litigation, Patent Investing|0 Comments

Acacia-backed Veritone signs two-year AI technology licensing deal with iHeartMedia

Veritone Inc. (VERI), the provider of artificial intelligence technology for media companies that has backing from Acacia Research Corp. (ACTG), said it has signed an expanded, two-year agreement with iHeartMedia, the audio company with the largest reach of any radio or television outlet in America. The Newport Beach, California-based company said the agreement gives iHeartMedia a [...]

By | October 2nd, 2017|licensing agreement, Patent Investing|0 Comments

Quarterhill says 3rd Qtr earnings to be boosted by licensing deal with Samsung and revenue from IRD and VIZIYA

Quarterhill Inc. (QTRH), the diversified holding company previously known as WiLAN Inc., said it expects third quarter revenue and profits to be above expectations because of strong patent licensing results and the inclusion of a full quarter of operations from International Road Dynamics and VIZIYA. The Ottawa, Ontario-based company said its consolidated revenue for the [...]

By | October 2nd, 2017|earnings, licensing agreement, Patent Investing|0 Comments

Marathon names Merrick Okamoto as its new chairman as CEO Croxall is set to depart Oct. 31

Marathon Patent Group Inc. (MARA), the patent licensing company that agreed to turn over three patent portfolios to a unit of Fortress Investment Group to repay $16 million in debt, said it named Merrick Okamoto its new chairman replacing Chairman and CEO Doug Croxall who is leaving at the end of October. Okamoto, who had [...]

By | October 2nd, 2017|exec changes, Financing, Patent Investing|0 Comments

Finjan files enforcement action against Juniper Networks after being rebuffed for three years

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by Phil Hartstein, said it filed an enforcement action against Juniper Networks on Sept. 29. The complaint filed in U.S. District Court in San Francisco, alleges that Sunnyvale, Califronia-based Juniper’s products and services infringe eight U.S. Finjan patents. Specifically, Finjan is asserting infringement of [...]

By | October 2nd, 2017|litigation, Patent Investing|0 Comments