InterDigital CEO Merritt gets a 6% raise after year in which he acquired Technicolor’s patent licensing business

InterDigital Inc. (IDCC) CEO William Merritt received a 6% increase in salary from the board effective July 1 after a year in which the technology and licensing company executed on the $150 million acquisition of Technicolor SA’s patent licensing business to stem a decline in revenue and earnings. The Wilmington, Delaware-based company said the board [...]

By | July 10th, 2018|exec changes, Patent Investing, Uncategorized|0 Comments

TiVo CEO Enrique Rodriguez steps down to become CTO of Liberty Global

TiVo Corp. (TIVO), the media and entertainment technology and patent licensing company that is exploring strategic options, said its CEO Enrique Rodriguez has stepped down to take position as chief technology officer of Liberty Global PLC, an international telecommunications and television company based in London. San Jose, California-based TiVo said the board named director Raghu [...]

By | July 5th, 2018|exec changes, Patent Investing|0 Comments

(Update2) Rambus board ousts CEO Dr. Ron Black over incident unrelated to business performance

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 [...]

By | June 29th, 2018|exec changes, Patent Investing|0 Comments

Quarterhill’s Jim Skippen sees possible improvements ‘on the margins’ in ‘new normal’ of patent enforcement

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 [...]

By | June 28th, 2018|exec changes, Patent Investing|0 Comments

After sale to HGGC, RPX CEO Martin Roberts answers questions from The Patent Investor

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 [...]

By | June 25th, 2018|exec changes, Patent Investing|0 Comments

Acacia certifies shareholder vote that ousted Executive Chairman Graziadio

Acacia Research Corp. (ACTG), the struggling patent licensing company, said shareholders ousted Executive Chairman G. Louis Graziadio and director Frank Walsh in favor of Al Tobia Jr. and Clifford Press, who were nominated by activist investors Sidus Investment Management and BLR Partners LP. Newport Beach, California-based Acacia said Tobia, who runs New York-based Sidus, was [...]

By | June 20th, 2018|exec changes, Patent Investing|0 Comments

Incoming WiLAN CEO Keaton Parekh sees ‘innovation’ as key to its future success

Keaton Parekh, the incoming CEO of WiLAN Inc., the patent licensing unit of Quarterhill Inc. (QRTH), said he will be looking to build new opportunities with a focus on "innovation" as he drives the business forward. In a phone interview, Parekh said it’s clear that the patent licensing business has undergone significant changes since he [...]

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

(Update3) Activists Sidus and BLR succeed in pushing out Acacia’s Graziadio and Walsh

Activists Sidus Investment Management LLC, run by Al Tobia Jr., and BLR Partners LP, run by Bradley Radoff, have succeeded in their proxy battle to unseat Acacia Research Corp. (ACTG) Executive Chairman G. Louis Graziadio III and director Frank Walsh. Sidus and BLR said that, based on the preliminary report provided by their proxy solicitor, [...]

By | June 14th, 2018|exec changes, Patent Investing|0 Comments

(Update4) Lumileds chief IP officer Keaton Parekh named CEO of WiLAN

Quarterhill Inc. (QTRH), the diversified holding company, said it appointed Keaton Parekh, an executive with extensive experience in technology strategy and licensing, as president and CEO of its patent licensing subsidiary WiLAN Inc. effective July 9, 2018. The Ottawa, Ontario-based company also said that Executive Chairman Jim Skippen, who had been interim CEO of WiLAN [...]

By | June 14th, 2018|exec changes, Patent Investing|0 Comments

Activists outline plan to overhaul Acacia in latest letter to shareholders ahead of annual meeting proxy vote

Activists Sidus Investment Management, run by Al Tobia Jr., and BLR Partners LP, run by Bradley Radoff, said they have a “sensible value creation platform” to overhaul Acacia Research Corp. (ACTG) and make it more accountable to shareholders. In a June 7 letter to shareholders, urging them to support Tobia’s and hedge fund manager Clifford [...]

By | June 7th, 2018|exec changes, NPE, Patent Investing|0 Comments