(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

(Update3) Qualcomm sweetens tender offer for NXP Semiconductor to $127.50 from $110

Qualcomm Inc. (QCOM), the mobile technology and licensing company run by CEO Steve Mollenkopf, said it is increasing its tender offer for shares of NXP Semiconductor to $127.50 a share from $110 a share and has received commitments from shareholders of 28% of NXP's shares outstanding. San Diego, California-based Qualcomm previously said it was unlikely [...]

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

RPX acquired 66 patents from two Intellectual Venture funds, terms undisclosed

The Invention Science Fund I LLC and the Invention Science II LLC, owned by Intellectual Ventures, sold 66 patents to RPX Corp. (RPXC) for an undisclosed amount of money. According to patent assignments filed with the U.S. Patent and Trademark Office, Invention Science Fund I transferred 22 properties to RPX on Dec. 29, 2017 and [...]

By | February 17th, 2018|Patent Investing, Patent sale|0 Comments

DSS creates special purpose entity controlled by Fortress after second default on $4.5M in advances

Document Security Systems Inc. (DSS), the patent licensing company run by Jeff Ronaldi, said it created a special purpose entity to be controlled by Fortress Credit Co. LLC and other investors as the sole recourse to a second default that occurred on Feb. 13, 2018. The creation of the entity was disclosed in a filing [...]

By | February 17th, 2018|Financing, Patent Investing|0 Comments

Qualcomm says Broadcom takeover offer still unacceptable though talks were constructive

Qualcomm Inc. (QCOM), the semiconductor technology and licensing company run by CEO Steve Mollenkopf, said a meeting with Broadcom Ltd. officials to discuss its revised best and final $82 a share takeover offer for Qualcomm was constructive though the final proposal “materially undervalues” Qualcomm. “Our Board found the meeting to be constructive in that the [...]

By | February 16th, 2018|Patent Investing|0 Comments

(Update1) Technicolor said to be close to selling its patent licensing business to InterDigital

Technicolor (TCLRY), the French media and entertainment technology company run by CEO Frederic Rose, is close to a deal to sell its patent licensing business to InterDigital Inc. (IDCC), the technology and licensing company run by CEO Bill Merritt, for undisclosed terms, according to two people familiar with the matter. Paris-based Technicolor said on Dec. [...]

By | February 15th, 2018|Patent Investing|Comments Off on (Update1) Technicolor said to be close to selling its patent licensing business to InterDigital

Biogen MA sues USPTO Director for extra 23 days in term of human anti-tau antibodies patent

What is 23 days worth to you? Pharmaceutical giant Biogen MA is suing Andrei Iancu, the director of the U.S. Patent and Trademark Office, to force the PTO to extend a patent for Human Anti-Tau Antibodies for an extra 23 days because of an alleged improper calculation of delays in the approval of the patent. [...]

By | February 15th, 2018|drug patents, litigation, Patent Investing, USPTO|0 Comments

Acacia Research Corp. leads $10M Series B funding round for Miso Robotics

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio Jr., said it led a $10 million Series B funding of Miso Robotics, the robotics and artificial intelligence company for restaurants and food providers. Newport Beach, California-based Acacia previously invested $2.25 million in Miso, as part of its strategy of investing [...]

By | February 15th, 2018|Financing, Patent Investing|0 Comments