InterDigital CEO sees Trump’s denial of Broadcom’s takeover of Qualcomm as a welcome defense of U.S. interests in 5G

President Trump’s decision to block Broadcom Ltd. (AVGO) $117 billion takeover of Qualcomm Inc. (QCOM) on national security grounds sent the message that the U.S. government believes 5G wireless technology is key to U.S. economic prosperity and that the U.S. plans to lead the world in 5G, said InterDigital CEO Bill Merritt in an interview. [...]

By | March 19th, 2018|Asia, China, Europe, Patent Investing|0 Comments

VirnetX says it raised $7.03M in ATM facility between Jan. 1 and March 14

VirnetX Holding Corp. (VHC), the patent licensing company fighting to secure a $439.7 million infringement verdict against Apple Inc. (APPL), said it raised about $7.03 million from selling shares under a $35 million at the market offering facility. The Zephyr Cove, Nevada-based company said the sales arranged by Cowen & Co. were made between Jan. [...]

(Update1) BlackBerry extends CEO John Chen’s contract for 5 years in endorsement of his strategy that includes patent monetization

BlackBerry Ltd. (BB) said its board extended the contract of its Executive Chairman and CEO, John Chen, for five years through November 2023, an endorsement of his plan to boost the company’s patent monetization market in a down market. The Waterloo, Ontario-based company said Chen joined the company in November 2013 and has since then [...]

By | March 15th, 2018|exec changes, Patent Investing|0 Comments

Jury rejects Precision Fabrics’ infringement claims against Tietex International

A jury in a U.S. District Court in Spartanburg, South Carolina on March 9 handed Tietex International Ltd. a victory in a patent infringement dispute with Precision Fabrics Group Inc., finding that Tietex didn’t infringe two Precision Fabrics Group patents. The patents in suit were U.S. Patent No. 8,501,639, entitled “Thermally Protective Flame Retardant Fabric;” [...]

By | March 14th, 2018|litigation, Patent Investing|0 Comments

Levi Strauss signs new licensing agreement for additional laser patents with RevoLaze

RevoLaze, LLC, a laser technology company, said it has reached a new licensing agreement with Levi Strauss & Co. regarding additional denim laser patents from its intellectual property portfolio. The Westlake, Ohio-based firm didn't disclose how much Levi Strauss agreed to pay for the new agreement. The company said the new agreement provides Levi Strauss [...]

By | March 14th, 2018|Patent Investing, Uncategorized|0 Comments

TiVo said South Korea’s Alticast has renewed its IP license with Rovi Corp. unit

TiVo Corp. (TIVO), the entertainment technology and licensing company that is considering a possible sale, said Alticast, an end-to-end media technology provider, has renewed its intellectual property (IP) license to deliver advanced entertainment products in South Korea. The San Jose, California-based company didn't disclose how much Alticast agreed to pay as part of the renewal. [...]

By | March 14th, 2018|Korea, licensing agreement, Patent Investing|0 Comments

Qualcomm’s genius chess move against Broadcom may come to hurt competitiveness of U.S. companies in the future

President Trump’s decision to reject Broadcom Ltd. (AVGO) $142 billion hostile takeover for Qualcomm Inc. (QCOM) looks like a protectionist move that will have unknown and unintended long term consequences, patent market observers say. San Diego, California-based Qualcomm, which has been fighting to stay independent and has blasted Broadcom’s offer as grossly inadequate, announced the [...]

By | March 13th, 2018|Patent Investing|0 Comments

Marathon Patent Group agrees to settle fraud suit filed by Symantec for undisclosed amount

Marathon Patent Group Inc. (MARA), the former patent licensing company that was forced to turn over its most valuable patents to a unit of Fortress Investment Group to satisfy a default on $15 million in debt, put another one of its missteps behind it by agreeing to a settlement with Symantec Corp. The settlement stems [...]

By | March 13th, 2018|litigation, Patent Investing|0 Comments

Spherix acquires DatChat, a digital right management company, for its second deal outside the patent licensing business

Spherix Inc. (SPEX) the technology and licensing company run by CEO Anthony Hayes, said it has entered into a definitive purchase agreement to acquire 100% ownership of DatChat Inc., a privately held developer of technology for encrypted communication, Internet security and digital rights management. Bethesda, Maryland-based Spherix, which also owns Hoth Therapeutics, a developer of [...]

By | March 13th, 2018|Patent Investing, Product|0 Comments

ParkerVision shares gain 16% after judge rejects venue challenge in infringement actions against Apple and Qualcomm

Shares of ParkerVision, Inc. (PRKR), the wireless technology and licensing company run by CEO Jeff Parker, gained more than 16% in midday trading after a U.S. District Court in the Middle District of Florida denied Apple Inc.'s motion to dismiss for improper venue ParkerVision's infringement action against Qualcomm and Apple. The Jacksonville, Florida-based company's shares [...]

By | March 12th, 2018|litigation, Patent Investing|0 Comments