VirnetX says ‘unforeseen circumstances’ led to one month delay in PICA’s $20M investment

VirnetX Holding Corp. (VHC), the patent licensing company that announced $20 million investment from Japan’s Public Intelligence Technology Associates (PICA) earlier this month, said the closing date of the the investment has been extend for a month due to "unforeseen circumstances." The Zephyr Cove, Nevada-based company made the disclosure in a filing with the Securities [...]

Dominion partners with Beijing East IP to expand licensing of Kodak portfolio in China

Dominion Harbor Enterprises (DHE) has partnered with Beijing East IP Law Firm, the top intellectual property firm in China run by Dr. Lulin Gao, to further expand the licensing opportunities of the Kodak portfolio across an expanding Chinese market. Dominion’s Monument Peak Ventures (MPV), acquired the portfolio from Intellectual Ventures in February 2017 and has [...]

By | June 28th, 2017|Asia, China, Patent Investing|0 Comments

VirnetX details revenue payment schedule with Japan’s Public Intelligence Technology Associates

VirnetX Holding Corp. (VHC), the patent licensing company that received a $20 million investment from Japan's Public Intelligence Technology Associates (PICA), agreed to make quarterly payments to the Japanese private equity consortium representing a percentage of revenue sold in Japan by VirnetX's Japanese subsidiary. In a filing with the Securities and Exchange Commission, VirnetX said under [...]

Japanese PE consortium invests $20M in VirnetX to help it expand sales of internet security technology in Japan

VirnetX Holding Corp. (VHC), the Internet security software and technology licensing company run by CEO Kendall Larsen, said it received a $20 million investment from a private equity consortium of Japanese companies to allow it to expand sales of its Gabriel suite of internet security products in Japan. The influx of capital also will aide [...]

By | June 1st, 2017|Asia, Financing, Patent Investing, Product|0 Comments

Qualcomm reaches 3G, 4G patent licensing agreement with India’s Smartron

Qualcomm Inc. (QCOM), the technology and licensing company run by CEO Steve Mollenkopf, said that on Sunday, April 23, it reached a 3G and 4G patent licensing agreement with India's Smartron India Private Ltd. Terms weren't disclosed. San Diego, California-based Qualcomm said it has granted Smartron a royalty-bearing patent license to develop, manufacture and sell [...]

By | April 24th, 2017|Asia, India, licensing agreement, Patent Investing|0 Comments

Recent Beijing IP court rulings may encourage risk averse western NPEs to follow WiLAN’s lead

Two recent decisions by the Beijing IP court may finally convince struggling and risk averse western non-practicing entities to enter the enforcement market in China, acquire assets and bring long awaited infringement actions. Most recently, the Beijing IP court threw out an injunction against Apple Inc., which was put in place in a smartphone design [...]

By | March 29th, 2017|Asia, China, Patent Investing|0 Comments

Qualcomm fiscal 1st-Qtr 2017 net income tumbles 54% on $868M antitrust settlement in Korea

Qualcomm Inc. (QCOM), the semiconductor technology and licensing giant run by CEO Steve Mollenkopf, posted a 54% drop in fiscal first quarter 2017 net income on higher costs and expenses related to a $868 million settlement with the Korea Fair Trade Commission. The San Diego, California-based company said its net income fell to $682 million, [...]

By | January 25th, 2017|Asia, earnings, Korea, litigation, Patent Investing|0 Comments

(Update1) Apple steps up royalty war with Qualcomm by filing two complaints against Qualcomm in China

Apple Inc. (APPL) stepped up its royalty war with Qualcomm Inc. (QCOM) by filing two complaints in Beijing, China, one alleging violation of China's anti-monopoly law and the other seeking a determination of the terms of a patent license for Qualcomm's cellular standard essential patents. San Diego-based Qualcomm said in a statement that it is [...]

By | January 25th, 2017|Asia, China, litigation, Patent Investing|0 Comments

Taiwan’s Nanya Technology takes license from WiLAN’s North Star and PLL units, terms not disclosed

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said its subsidiaries, North Star Innovations Inc. and PLL Technologies Inc., have entered into patent license agreements with Nanya Technology Corp. for undisclosed terms. The Ottawa-based company said Taiwan-based Nanya Technology is a leading memory solution provider for products embedded with consumer memory [...]

By | January 23rd, 2017|Asia, licensing agreement, Patent Investing|0 Comments

DSS taps Singapore businessman for its board to help expand anti-counterfeiting and licensing in Asia

Document Security Systems Inc. (DSS), the patent licensing and anti-counterfeiting and authentication technology provider, named Singapore business executive Heng Fai Ambrose Chan to its board in an effort to expand into Asian markets. The Rochester, N.Y.-based company said Chan brings significant operational experience as well as strong ties in Asia Pacific markets. Indeed, Chan founded [...]

By | January 19th, 2017|Asia, exec changes, Patent Investing|0 Comments