Fortress Investment Group declined to assume ownership of patent assets that were collateral on about $3.7 million in loans given to Document Security System (DSS) and instead chose to accept as repayment any future recoveries related to enforcement actions involving the assets. Rochester, New York-based DSS said in a securities filing that its DSS Technology [...]
Rambus Inc. (RMBS), the patent and technology licensing company, today announced that the company's board has terminated Dr. Ron Black as Chief Executive Officer, effective immediately. The Sunnyvale, California-based company said Dr. Black's termination follows an incident unrelated to the company's financial and business performance in which the board determined Dr. Black's conduct fell short [...]
Wi-LAN Inc., the patent licensing unit of Quarterhill Inc. (QTRH), said its wholly-owned subsidiary, Commercial Copy Innovations Inc., has granted a license for certain patents owned by CCI to Brother International Corp. and Brother Industries (U.S.A) Inc. Ottawa, Ontario-based WiLAN said the license resolves ongoing litigation between CCI and Brother. WiLAN didn't disclose the terms [...]
Quarterhill Inc. (QTRH) Executive Chairman Jim Skippen says patent reform, recent case-law and an anti-patent bias in the judiciary and U.S. Patent and Trademark Office have permanently altered the U.S. patent enforcement market and established a “new normal” that may have serious repercussions for U.S. innovation and competitiveness. “For instance two decades ago, the patent [...]
With the smartphone patent war between Apple Inc. and Samsung Electronics over it’s worth thinking about what was accomplished and what was won or lost. The two technology giants, who are among the biggest patent owners in the world, spent perhaps between $100 million and $200 million on legal fees combined during their seven year [...]
Immersion Corp. (IMMR), the haptics technology company that won a $65 million patent infringement settlement from Apple Inc. was downgraded to a "neutral" from a "buy" by Charlie Anderson, an analyst at Dougherty & Co., after the stock exceed his $14 price target. “Immersion shares traded through our $14 price target in late May and [...]
ParkerVision Inc. (PRKR) CEO Jeffrey Parker vowed to reactivate the struggling patent licensing company’s patent infringement action against Qualcomm Inc. (QCOM), Samsung and HTC if the Court of Appeals for the Federal Circuit sides with it in an appeal of final written decisions in inter partes review challenges of two ParkerVision patents. San Diego-based Qualcomm [...]
Following the close of middle market private equity firm HGGC LLC's acquisition of RPX Corp., CEO Martin Roberts agreed to answer in writing questions submitted by The Patent Investor if they were published as a Q&A without editorializing. What follows is the Q&A with the questions and his answers. 1. RPX was designed to be a [...]
Wi-LAN Inc., the patent licensing unit of Quarterhill Inc. (QTRH), said its wholly-owned subsidiary Atria Technologies Inc. has acquired a portfolio of more than 85 patents and applications from MagnaChip Semiconductor Corp., the maker of analog and mixed-signal semiconductor products. Ottawa, Ontario-based WiLAN didn't disclose the terms of the transaction, which was completed as part [...]
BlackBerry Ltd. (BB), the enterprise software and patent licensing company run by CEO John Chen, said its revenue from licensing intellectual property in the fiscal first quarter of 2019 nearly doubled to $63 million from$32 million, stemming its widened net loss for the quarter. The Waterloo, Ontario-based company said its fiscal 2019 first quarter net [...]
