PTAB rejects St. Regis Mohawk Tribe’s effort to terminate IPR review of patents for Allergan’s Restasis

The Patent Trial and Appeal Board rejected the St. Regis Mohawk Tribe's motion to terminate an inter partes review challenge of patents related to Allergan Plc's Restasis drug for chronic dry eye because of the tribe's sovereign immunity from federal actions. The PTAB said in a ruling on Friday Feb. 23 that "we determine that [...]

Uniloc files enforcement action against Apple alleging infringement of patent for improved communication of data between devices

Uniloc USA Inc. and Uniloc Luxembourg SA, the patent licensing companies run by CEO Craig Etchegoyen, filed a new patent enforcement action against Apple Inc. alleging infringement of a patent for systems and devices for improved communication of data between beacon devices and portable devices such as Bluetooth. The action was filed on Thursday Feb. [...]

By | February 23rd, 2018|litigation, Patent Investing|0 Comments

(Update3) Immersion’s Apple settlement is likely worth only as much as $65M based on 2018 revenue forecast

Immersion Corp. (IMMR), the haptic or touch technology company that won a patent licensing settlement from Apple Inc. (AAPL) last month, probably received between $50 million and $65 million based on the company's run rate of about $30 million a year and the revenue forecast for 2018, the company made in today’s earning release. Interim [...]

(Update1) RPX shares plunge after 2017 net loss, lower revenue forecast for 2018 and board reveals sale process

Shares of RPX Corp. (RPXC), the patent aggregator and provider of litigation loss control services run by CEO Martin Roberts, tumbled as much as 18.6% on Thursday, Feb. 22, a day after the company swung to a 2017 net loss of $79.1 million, or $1.61 a share, and announced its board was conducting a process [...]

By | February 22nd, 2018|Patent Investing|0 Comments

Amazon leads all companies in retail sector in patents and technology innovation, Coresight Research says

Amazon leads all companies in the retail sector including its biggest competitor Alibaba Inc. in the number of patents it owns and the amount of money it spends on research and development, according to a report by Coresight Research. The firm, with offices in Hong Kong, London and New York,  is run by Deborah Weinswig, [...]

By | February 22nd, 2018|Patent Investing|0 Comments

(Update3) InterDigital posts 61% drop in 4th Qtr profit on lower revenue and charge related to tax cut

InterDigital Inc. (IDCC), the mobile technology and patent licensing company run by CEO Bill Merritt, posted a 61% drop in net income because of lower revenue and a $42.6 million charge to revalue the company’s net deferred tax assets due to the 2017 Tax Cut and Jobs Act, enacted in December 2017. The Wilmington, Delaware-based [...]

By | February 22nd, 2018|earnings, Patent Investing|0 Comments

(Update1) RPX swings to loss in fourth quarter and year announces board exploration of strategic alternatives

RPX Corp. (RPXC), the patent aggregator and provider of litigation loss control services run by CEO Martin Roberts, swung to a fourth quarter net loss of $95.7 million, or $1.93 a share, and announced its board was conducting a process to explore and evaluate strategic alternatives to maximize shareholder value. San Francisco-based RPX said the [...]

By | February 21st, 2018|earnings, Patent Investing|0 Comments

(Update1) Technicolor’s wider net loss in ’17 suggests lower than expected revenue, cash flow from patent licensing

Technicolor SA, the media technology company that is said to be in talks to sell its patent licensing business to InterDigital Inc. (IDCC), provided little information on the performance of the business in its earnings report for 2017, which showed a much wider net loss of 173 million euros versus a loss of 26 million [...]

By | February 21st, 2018|earnings, Europe, Patent Investing|0 Comments

Ex-Gerchen Keller partners Keller, Gerchen and Lenkner form new law firm to advise on litigation

Ashley Keller, Adam Gerchen and Travis Lenkner, former founders of Gerchen Keller Capital, which was acquired by Burford Capital last year, have launched a new law firm Keller Lenkner that seeks to be a leading national law firm representing a broad array of clients as plaintiffs in complex litigation at the trial and appellate levels. Keller, [...]

By | February 20th, 2018|exec changes, litigation, Patent Investing, Uncategorized|0 Comments

Broadcom says Proxy Advisory Firm ISS recommends Qualcomm holders vote for four of its nominees

Broadcom Ltd. (AVGO), the technology company run by CEO Hock Tan, said Institutional Shareholder Services, the independent proxy advisory firms, has recommended that Qualcomm stockholders vote for four of six of Broadcom's independent director nominees - Samih Elhage, Julie Hill, John Kispert and Harry You at Qualcomm's 2018 Annual Meeting of Stockholders scheduled for March [...]

By | February 20th, 2018|Patent Investing|0 Comments