(Update1) Federal court upholds $502.6M award VirnetX won against Apple

VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, said the final judgement of the U.S. District Court in Tyler, Texas upheld the $502.6 million jury verdict for VirnetX in the ongoing patent infringement action against Apple Inc. Zephyr Cove, Nevada-based VirnetX said in addition to affirming the award, the district [...]

By | August 31st, 2018|Federal Circuit, litigation, NPE, Patent Investing|0 Comments

Canada Pension Plan may have taken some lumps with its patent investing strategy

When InterDigital Inc. (IDCC), the technology and licensing company run by CEO William Merritt, acquired the patent licensing business of Technicolor SA for $150 million, it also got Technicolor’s stake in a joint patent licensing program for digital television and computer display monitors with Sony Corp. and the Canada Public Pension Investment Board. In 2016, [...]

By | August 30th, 2018|Patent Investing|0 Comments

Federal judge reverses invalidation of Network-1’s flagship Remote Power Patent in dispute with HP

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said a federal judge reversed part of jury verdict that invalidated its flagship Remote Power Patent but left standing the finding that Hewlett-Packard didn’t infringe the patent. Judge Robert Schroeder III, of the U.S. District Court in Tyler, granted Network-1’s motion for [...]

By | August 30th, 2018|Federal Circuit, litigation, Patent Investing|0 Comments

Rambus extends patent license to Infineon Technologies for 10 years

Rambus Inc. (RMBS), the technology and patent licensing company that is run by interim CEO Luc Seraphin, said it has renewed its patent license agreement with Infineon Technologies. The Sunnyvale, California-based company didn’t disclose the financial terms of the renewal, saying only that under the ten-year extension of the agreement, Infineon will license Rambus' Differential [...]

By | August 29th, 2018|licensing agreement, Patent Investing|0 Comments

Acacia sells 1 million shares of Veritone for $10.50 a share or $10.5M

Acacia Research Corp. (ACTG), the patent licensing company run by activist directors Al Tobia Jr. and Clifford Press, said it sold 1 million shares of Veritone Inc. (VERI), the radio broadcast advertising platform with artificial intelligence features, for $10.50 a share, or $10.5 million. Newport Beach, California-based Acacia under former Executive Chairman G. Louis Graziadio [...]

By | August 29th, 2018|Patent Investing, Uncategorized|0 Comments

Network-1 adds four more patents to replenish its portfolio depleted by invalidation of Remote Power Patent

Network-1 Technologies, Inc. (NTIP), the patent licensing company that had its lead patent invalidated in November in a dispute with Hewlett-Packard, said it replenished its patent portfolio with four new patents that arose from applications contained on the portfolio it acquire from Dr. Ingemar Cox. New York-based Network-1, run by CEO Corey Horowitz, needs to [...]

By | August 28th, 2018|Patent Investing|0 Comments

TiVo may have a bigger licensing opportunity against Amazon than Comcast, analyst says

TiVo Corp. (TIVO), the patent licensing company locked in a multi-hundred million patent infringement dispute with Comcast Corp., may have an even bigger potential licensing opportunity in Amazon’s development of a device that would record and store live TV and allow consumers to stream shows to their mobile devices. That’s the assessment of Eric Wold, [...]

By | August 23rd, 2018|IPRs, litigation, Patent Investing|0 Comments

TiVo’s Courtney Quish is joining the IP finance group of Fortress Investment Group

Courtney Quish is joining the intellectual property finance group of Fortress Investment Group, two people familiar with the matter said. Quish on Friday, Aug. 17 stepped down from her position as vice president strategy (M&A) at Rovi Corp., a unit of TiVo Corp. She couldn't be reached for comment. Officials from Fortress declined to comment. [...]

By | August 23rd, 2018|exec changes, Patent Investing|0 Comments

(Update1) ParkerVision to lay off 30 employees, cut salaries of top executives

ParkerVision, Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it is eliminating 30 jobs and reducing the salary of top executives in an effort to generate up to $8 million in annualized cost savings. The Jacksonville, Florida-based company said it has been evaluating its overall business strategy in light of its [...]

By | August 23rd, 2018|exec changes, Patent Investing|0 Comments

(Update1) Immersion names former Xperi CEO Tom Lacey as interim CEO and director

Immersion Corp. (IMMR), the haptics or touch technology and licensing company, said Tom Lacey was appointed interim chief executive officer and director, replacing Carl Schlachte, who is resigning. The San Jose, California company also said lead independent director Sharon Holt has been named chairman. Lacey previously was CEO of Xperi Corp.(XPER) and its predecessor Tessera [...]

By | August 23rd, 2018|exec changes, Patent Investing, Uncategorized|0 Comments