BlackBerry reaches strategic licensing agreement with Kasim Alfalahi’s Teletry

BlackBerry Ltd. (BB), the software technology and licensing company run by CEO John Chen, said it entered into a strategic licensing agreement with Teletry, an independent operating company run by Kasim Alfalahi, with expertise in building relationships between patent holders and licensees in the wireless technology industry. Waterloo, Ontario-based BlackBerry didn’t disclose the terms of [...]

By | November 16th, 2017|licensing agreement, Patent Investing, Uncategorized|0 Comments

Jury in Federal Court in Tyler Texas finds Network-1’s Remote Power Patent invalid and not infringed by HP

A jury in the U.S. District Court in Tyler, Texas handed Network-1 Technologies Inc. a devastating loss, finding its flagship Remote Power Patent invalid and not infringed by Hewlett Packard. Shares of NetWork-1 plunged 32.95% or $1.45 to $2.95. They've traded between $2.60 and $5.05 over the past year. New York-based Network-1 said the jury [...]

By | November 14th, 2017|litigation, Patent Investing, PTAB|0 Comments

Marathon says it can’t meet deadline for reporting 3Q financial results without undue expense

Marathon Patent Group Inc. (MARA), the patent licensing company that last week said it was reverse merging with Global Bit Ventures Inc., a digital asset technology company that mines cryptocurrencies, said it can't report its third quarter financial results on time. "The compilation, dissemination and review of the information required to be presented in the [...]

By | November 14th, 2017|earnings, Patent Investing|0 Comments

ParkerVision’s third quarter loss widens on spending related to Milo consumer WiFi product

ParkerVision Corp. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it posted a wider net loss in the third quarter of 2017 compared with the previous quarter because of activities related to the launch of its new consumer WiFi product. Jacksonville, Florida-based ParkerVision said its third quarter net loss widened to $4.38 [...]

By | November 14th, 2017|earnings, Patent Investing|0 Comments

DSS posts wider 3rd Qtr net loss on decrease in packing customer orders

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it posted a wider net loss in the third quarter because of a decrease in orders from a packing customer and the comparison with the year ago period that included a $150,000 one time license. Rochester, New York-based DSS said [...]

By | November 14th, 2017|earnings, Patent Investing, Uncategorized|0 Comments

(Update1) Ex-Yahoo IP executive Ray Strimaitis joins Allied Security Trust

Ray Strimaitis, a former vice president of intellectual property at Yahoo! Inc. has joined Allied Security Trust as vice president, corporate development and global strategy. AST said the appointment of Strimaitis gives AST a permanent presence on the West Coast, an area of increasing strategic importance due to the high concentration of technology companies in [...]

By | November 13th, 2017|exec changes, Patent Investing|0 Comments

(Update2) Qualcomm rejects Broadcom takeover offer, calling it too low and underscoring regulatory uncertainty

Qualcomm Inc. (QCOM), the semiconductor technology and licensing company run by CEO Steve Mollenkopf, said its board unanimously rejected Broadcom Ltd.’s unsolicited $130 billion takeover offer. “It is the board’s unanimous belief that Broadcom’s proposal significantly undervalues Qualcomm relative to the Company’s leadership position in mobile technology and our future growth prospects,” said Paul Jacobs, [...]

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

Spangenberg-linked CRX Tech brings second infringement action against Lite-On

CRX Tech LLC, a non-practicing entity connected to IP Navigation Group founder and owner Erich Spangenberg, filed a second enforcement action in U.S. District Court in Marshall, Texas against Lite-On Inc. and Lite-On Technology Corp. alleging infringement of an LED patent. Spangenberg acquired 12,500 shares in Luxone Ventures S.à r.l., a Luxembourg-based entity that is [...]

By | November 9th, 2017|litigation, Patent Investing|0 Comments

Proponent of patent reform U.S. Rep. Bob Goodlatte says he won’t seek re-election

U.S. Representative Bob Goodlatte, Republican of Virginia and as chairman of the House Judiciary Committee an architect of the America Invents Act, said he will not seek another term. His decision comes two days after he raised concern about how a new tactic of using tribal sovereign immunity to shield patents from challenges through the [...]

By | November 9th, 2017|exec changes, Patent Investing, Patent Trolling, PTAB|0 Comments

Qualcomm signs non-binding MoU with Xiaomi, Oppo and vivo for $12B in components over three years

Qualcomm Inc. (QCOM), the technology and licensing company run by CEO Steve Mollenkopf, said its Qualcomm Technologies Inc. subsidiary signed three non-binding memoranda of understanding for $12 billion in sales of components to Xiaomi Communications Co. Ltd., Guangdong OPPO Mobile Telecommunications Corp. Ltd. and vivo Communication Technology Co. Ltd. San Diego-based Qualcomm said each of the [...]

By | November 9th, 2017|China, Patent Investing|0 Comments