Qualcomm posts $6B fiscal 1Q loss on Tax Cuts and Jobs Act and EU antitrust fine

Qualcomm Inc. (QCOM), the chipset technology and licensing company run by CEO Steve Mollenkopf, posted a GAAP net loss of $6 million, or $4.03 a share, in the first fiscal quarter of 2018, driven by a $6 billion charge, or $4.03 a share, related to the enactment of the Tax Cuts and Jobs Act in [...]

By | January 31st, 2018|earnings, Patent Investing|0 Comments

Qualcomm strikes extended cross-licensing deal with Samsung on mobile devices, infrastructure equipment

Qualcomm Inc. (QCOM), the chipset technology and licensing company run by CEO Steve Mollenkopf, said it has expanded its global patent cross-license agreement with Samsung covering mobile devices and infrastructure equipment. The San Diego-based company didn’t disclose the terms of the deal. The company noted that the amended agreement is consistent with Qualcomm’s global handset-level [...]

Trump and the GOP’s focus on how IP affects drug prices, China IP theft, ignores how much U.S. patents have been weakened

Intellectual property issues are taking on new prominence in Washington, D.C., with the Senate scheduled to vote on the nomination of Andrei Iancu as the undersecretary of commerce and director of the U.S. Patent and Trademark Office, on Monday, Feb. 5 and President Donald Tump signaling his top IP priority in last night’s state of [...]

InterDigital elevates Berghuis to chief licensing officer, as three executives to depart in April

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO Bill Merritt, today announced the upcoming retirement of three of its executives, as well as the appointment of Timothy Berghuis as Chief Licensing Officer.
 The Wilmington, Delaware-based company said Lawrence Shay, senior executive vice president, future wireless, and chief intellectual [...]

By | January 31st, 2018|exec changes, Patent Investing|0 Comments

Worlds gets $875k from exercise of warrants to fund IPR appeal, resume Activision action and new actions

Worlds Inc. (WDDD), the patent licensing company run by CEO Thom Kidrin, said it raised $875,000 from investors who exercised their warrants. The company plans to use the money to fund its appeal of an inter partes review scheduled for March 9 and the recent Wi-Fi One, LLC v. Broadcom Corp. ruling at the U.S. Court of Appeals for the Federal Circuit. [...]

By | January 30th, 2018|Financing, litigation, Patent Investing|0 Comments

Immersion scores second patent licensing deal of the week with Marquardt GmbH

Immersion Corp. (IMMR), the developer and licensor of touch feedback technology run by interim CEO Carl Schachte, said it signed a multi-year license agreement with Marquardt GmbH, providing the developer of electro-mechanical and electronic switches and switching systems Marquardt with access to Immersion's patented haptic technology for use in its automotive solutions. San Jose, California-based [...]

By | January 30th, 2018|licensing agreement, litigation, Patent Investing|0 Comments

Network-1 adds another content identification patent to its Cox portfolio

Network-1 Technologies Inc. (NTIP), the technology licensing company run by CEO Corey Horowitz, said it was issued another patent by the U.S. Patent and Trademark Office which covers methods for using extracted feature vectors to perform an action associated with a product. New York-based Network-1 said the claims of U.S. Patent No. 9,883,253 arise from [...]

By | January 30th, 2018|Patent Investing|0 Comments

(Update3) Immersion reaches a patent infringement settlement with Apple said to be worth more than $100M

Immersion Corp. (IMMR), the haptic touch technology company run by interim CEO Carl Schlachte, said it has entered into settlement and license agreements with Apple Inc. (APPL), though it didn't disclose the terms. The San Jose, California-based company said it entered into a multi-year license agreement with Apple covering certain Immersion patents in exchange for [...]

By | January 29th, 2018|licensing agreement, litigation, Patent Investing|0 Comments

Japanese and Asian companies outpace U.S. and European counterparts in Clarivate’s annual list of Top 100 innovators

Asia, led by Japan, South Korea and China, reclaimed its standing as the biggest market for global innovation after briefly falling behind the United States in 2016, according to the 2017 Top 100 Global Innovators report issued by Clarivate Analytics. The annual report highlights the most successful companies in the world that are active in [...]

By | January 26th, 2018|Asia, China, Europe, Japan, Korea, Patent Investing|0 Comments

Xperi releases preliminary 4th Qtr and year-end eps and revenue that beat high end of forecast

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, said it expects fourth quarter and year end earnings to beat expectations and revenue came in above the high end of its forecast. The San Jose, California-based company said fourth quarter GAAP net income came in at 24 cents a share, [...]

By | January 25th, 2018|earnings, Patent Investing|0 Comments