About Dan Lonkevich

This author has not yet filled in any details.
So far Dan Lonkevich has created 743 blog entries.

Spherix shares plunge after it warns of possible material impairment charge, prices $2.5 million public offering

Shares of Spherix Inc. (SPEX), the patent licensing company run by CEO Anthony Hayes, plunged after its warned that it may have to take a material impairment charge related to its collaboration agreement with Dean Becker’s Equitable IP Corp., and priced a $2.5 million underwritten public offering priced at a 25% discount to the closing [...]

By | August 3rd, 2016|Patent Investing|Comments Off on Spherix shares plunge after it warns of possible material impairment charge, prices $2.5 million public offering

Private NPE Autumn Cloud launches enforcement campaign against airline and media companies

Autumn Cloud LLC, a privately held non-practicing entity, filed 15 enforcement actions alleging infringement off two patents for storage and management of data on a network against airline and media companies. The suits, all field in the U.S. District Court in Marshall, Texas, name United Continental Holdings Inc. and Virgin America, and Twitter Inc., Groupon [...]

By | August 3rd, 2016|Patent Investing|Comments Off on Private NPE Autumn Cloud launches enforcement campaign against airline and media companies

The Kudelski Group enters into licensing agreement with Apple and syndicate formed by RPX Corp.

The Kudelski Group, a digital security technology and licensing company, said today it entered into a comprehensive patent license agreement with Apple Inc. The Cheseaux-sur-Lausanne, Switzerland-based company said under the agreement, the parties agreed to dismiss all pending patent litigation. The company also said the companies agreed not to disclose the financial terms. Apple on [...]

By | August 3rd, 2016|Patent Investing|Comments Off on The Kudelski Group enters into licensing agreement with Apple and syndicate formed by RPX Corp.

Spherix expects to post a material impairment charge in connection with Equitable IP collaboration

Spherix Inc. (SPEX), the patent licensing company run by Anthony Hayes, said the co agreement it signed in March with Equitable IP may require Spherix to take a material loss on sale or transfer of patents or an impairment charge. Bethesda, Maryland-based Spherix disclosed the possibility of the impairment charge in a filing today with [...]

By | August 3rd, 2016|Patent Investing|Comments Off on Spherix expects to post a material impairment charge in connection with Equitable IP collaboration

Sterne Kessler leads rankings of law firms involved in AIA cases before PTAB with 500

Sterne Kessler Goldstein & Fox P.L.L.C is the first patent law firm to represent petitioners or patent owners in at least 500 patent challenges before the Patent Trial and Appeal Board established under the America Invents Act of 2012, according to information from Docket Navigator. Washington, D.C.-based Sterne Kessler’s PTAB practice, which is led by [...]

By | August 2nd, 2016|Patent Investing|Comments Off on Sterne Kessler leads rankings of law firms involved in AIA cases before PTAB with 500

(Update2) Tessera Technology’s 2nd Qtr profit drops 23% on higher litigation and other expenses

Tessera Technologies Inc. (TSRA), the technology licensing company run by CEO Thomas Lacy, posted a 23% drop in net income in the second quarter on higher expenses. San Jose, California-based Tessera said second quarter net income fell to $23.5 million, or 48 cents a share from $30.2 million, or 60 cents a share. Operating income [...]

By | August 2nd, 2016|Patent Investing|Comments Off on (Update2) Tessera Technology’s 2nd Qtr profit drops 23% on higher litigation and other expenses

InterDigital posts 22.4% increase in 2nd Qtr profit on $23.1M tax benefit

InterDigital Inc. (IDCC), the technology licensing company run by CEO William Merritt, posted a 22.4% increase in second quarter 2016 net income, driven by a $23.1 million discrete net tax benefit and lower costs that made up for much lower revenue. Wilmington, Delaware-based InterDigital’s net income rose to $39.9 million, or $1.14 a share, from [...]

By | August 2nd, 2016|Patent Investing|Comments Off on InterDigital posts 22.4% increase in 2nd Qtr profit on $23.1M tax benefit

(Update1) RPX’s second quarter profit drops 47.5% on higher cost of revenue and other expenses

RPX Corp. (RPXC), the patent aggregator and provider of patent litigation loss control services run by CEO John Amster, said its second quarter 2016 net income fell 47.5% on higher cost of revenue and other expenses. San Francisco, California-based RPX said net income fell to $4.2 million, or 8 cents a share, from $8 million, or [...]

By | August 2nd, 2016|Patent Investing|Comments Off on (Update1) RPX’s second quarter profit drops 47.5% on higher cost of revenue and other expenses

Qualcomm licenses 3G, 4G patents in China to GuangDong OPPO

Qualcomm Inc. (QCOM), the technology licensing company fighting an enforcement action in China against Meizu Technology Co. Ltd., said it entered into a new 3G and 4G patent agreement for China with Guangdong OPPO Mobile Telecommunications Corp. Ltd. The terms of the agreement weren’t disclosed. Under the terms of the agreement, Qualcomm has granted OPPO [...]

By | August 1st, 2016|China, Patent Investing|Comments Off on Qualcomm licenses 3G, 4G patents in China to GuangDong OPPO

Update1) VirnetX handed huge setback as court vacates $625.6M Apple award, bifurcates issue of willful infringement

A U.S. District Court in Tyler, Texas, handed VirnetX Holding Corp. (VHC), an Internet security software and technology company run by CEO Kendall Larsen, a setback in its enforcement dispute with Apple Inc., vacating a $625.6 million jury award against Apple as well as its previous ruling consolidating two cases against Apple and ordering separate [...]

By | August 1st, 2016|Patent Investing|Comments Off on Update1) VirnetX handed huge setback as court vacates $625.6M Apple award, bifurcates issue of willful infringement