U.S. ITC judge sides with Samsung against Xperi, terminating complaint due to arbitration clause

An administrative law judge from the U.S. International Trade Commission sided with Samsung Electronics in an initial determination terminating the complaint filed by Xperi Corp. (XPER). San Jose, California-based Xperi said the initial determination was subject to a reversal by the full ITC and that it planned to appeal the decision. The ITC investigation involves [...]

By | May 21st, 2018|litigation, Patent Investing, US ITC|0 Comments

(Update5) RPX had four preliminary offers to take it private in early 2017 between $13.50 and $16.10

RPX Corp. (RPXC), the struggling patent aggregator that agreed to sell itself to middle market private equity firm HGGC LLC for $10.50 a share or $555 million, said between February and June 2017, it received four preliminary proposals to acquire the company from$13.50 to $16.10 a share, suggesting its decision to wait a year allowed [...]

By | May 21st, 2018|Patent Investing|0 Comments

(Update1) InterDigital names Dr. Henry Tirri as its new chief technology officer

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO Willam Merritt, said it appointed Dr. Henry Tirri, formerly an execute vice president at Harman International Industries, as Chief Technology Officer. Wilmington, Delaware-based InterDigital said Dr. Tirri is a technology executive with deep experience in a variety of technology areas, [...]

By | May 17th, 2018|exec changes, Patent Investing|0 Comments

TiVo enters multi-year IP license with France’s Fnac Darty for undisclosed amount

TiVo Corp. (TIVO), the entertainment technology and licensing company run by CEO Enrique Rodriguez, said it has entered into a multi-year intellectual property license agreement covering the consumer electronics brands of the Fnac Darty Group for an undisclosed amount. The San Jose, California-based company said the new multi-region European intellectual property license enables Fnac Darty, [...]

DSS posts wider 1st Qtr loss as lower revenue from printed products eroded slightly higher tech and licensing revenue

Document Security Systems Inc. (DSS), the printed products technology and patent licensing company run by CEO Jeff Ronaldi, on Tuesday, May 15, posted a wider net loss in the first quarter of 2018 driven by lower than expected revenue and higher costs. Rochester, New York-based DSS posted a net loss of $406,000, or 2 cents [...]

By | May 16th, 2018|earnings, Patent Investing|0 Comments

Activists Sidus, BLR launch formal campaign to rescue Acacia from management

Activist investors Sidus Investment Management and BLR Partners LP escalated their proxy battle to oust Acacia Research Corp. (ACTG) Executive Chairman G. Louis Graziadio III and director Frank Walsh with the launch of a formal campaign to rescue the struggling patent monetizer from “massive value destruction and abysmal corporate governance." The campaign even has its [...]

By | May 15th, 2018|Patent Investing|0 Comments

ParkerVision posts slightly narrower 1st Qtr 2018 loss on cost cutting

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeff Parker, posted a narrower net loss in the first quarter of 2018 as it slashed research and development and cut cost. The Jacksonville, Florida-based company posted a first quarter net loss of $4.29 million, or 19 cents a share, versus $4.8 million, or 32 [...]

By | May 15th, 2018|earnings, Patent Investing|0 Comments

(Update1) Acacia defends embattled executive chairman, saying activist investors don’t understand his plan

Acacia Research Corp. (ACTG) defended its embattled Executive Chairman G. Louis Graziadio III from a plan by two hedge funds to replace the defacto CEO and another director Frank Walsh, saying it would be a mistake to oust them while they are leading the company’s transformation. Newport Beach, California-based Acacia said Sidus Investment Management and [...]

By | May 14th, 2018|Patent Investing|0 Comments

Activists say Acacia should return capital to shareholders sell off patent portfolio

The activist argument for why Acacia Research Corp. (ACTG) should oust Executive Chairman G. Louis Graziadio III, return capital to shareholders and sell off its patents, made by Sidus Investment Management and BLR Partners LP, is really quite simple. While Newport Beach, California-based Acacia calls itself an industry leader in patent licensing and brags that [...]

By | May 12th, 2018|Patent Investing|0 Comments

TiVo posts narrower first quarter 2018 loss on higher core revenue, cost cuts

TiVo Corp. (TIVO), the technology and patent licensing company run by CEO Enrique Rodriguez, posted a narrower first quarter 2018 net loss on higher core revenue from products and licensing and lower costs. The San Jose, California-based company, which is considering its strategic option to increase shareholder value, said its first quarter net loss fell [...]

By | May 11th, 2018|earnings, Patent Investing|0 Comments