(Update1) Patel’s departure from Technicolor seen as sign of chafing with CEO, may be harbinger of licensing business sale

Arvin Patel’s decision to leave Technicolor SA after less than two years as chief intellectual property officer may be a sign of chafing with CEO Frederic Rose, and also may suggest that to get the most out of the licensing business Rose should consider selling it, a person familiar with the matter says. Patel, who [...]

By | June 16th, 2017|exec changes, Patent Investing|0 Comments

TiVo recruits Technicolor’s Arvin Patel as Chief IP officer to start in third quarter

  TiVo Corp. (TIVO), the entertainment technology and licensing company run by CEO Tom Carson, today appointed Arvin Patel as executive vice president and chief intellectual property (IP) officer effective in the third quarter. Patel is replacing Samir Armaly, who is being moved to a newly created role reporting to Carson, where he will continue [...]

By | June 15th, 2017|exec changes, Patent Investing|0 Comments

USPTO Associate Solicitor Matal elevated to acting director in wake of Lee’s abrupt resignation

U.S. Patent and Trademark Office Associate Solicitor Joseph Matal was elevated to perform the functions and duties of the Under Secretary of Commerce for Intellectual Property and Director of the USPTO, according to a statement by Commerce Secretary Wilbur Ross. The position is effective June 7 and follows the resignation of Michelle Lee. The statement [...]

By | June 7th, 2017|exec changes, Patent Investing, PTAB, USPTO|0 Comments

Ex-IP litigator from Kirkland & Ellis, McDermott Will & Emery joins RPX as counsel

Darryl Ong, formerly an associate at Kirkland & Ellis LP and McDermott Will & Emery, has joined RPX Corp. (RPXC) as counsel, according to his LinkedIn profile. Ong couldn't be reached for comment. His profile says his practice is focused on intellectual property litigation and technology licensing. "Most recently, my practice has focused on patent [...]

By | June 7th, 2017|exec changes, Patent Investing|0 Comments

Michelle Lee’s abrupt resignation means USPTO may have to wait until Spring 2018 for a permanent replacement

The abrupt resignation of Michelle Lee as director of the U.S. Patent and Trademark Office means the agency is unlikely to get a permanent director until the spring of 2018, increasing uncertainty for patent owners who had been hoping President Trump would nominate a replacement more attuned to protecting intellectual property rights. The Trump administration [...]

WiLAN completes name change to Quarterhill and closes $47.4M acquisition of IRD

Wi-LAN Inc. (WILN), the former standalone patent licensing company that is transitioning to a diversified holding company, said it has completed its name change to Quarterhill Inc. and completed its acquisition of International Road Dynamics Inc. for $47.4 million. The Ottawa, Ontario-based company said it expects that trading will begin as Quarterhill on June 6, [...]

By | June 1st, 2017|exec changes, Patent Investing|0 Comments

RPX Corp.’s new Chief Strategy Officer sells 35,000 shares for about $473,000

Robert Heath, the chief strategy officer of RPX Corp. (RPXC), the patent aggregator and litigation loss control company run by CEO Martin Roberts, sold 35,000 shares of RPX on May 5 at an average price of $13.5264, raising about $473,427.50. In a Form 4 filing, Heath reported that he sold the shares in multiple transactions [...]

By | May 10th, 2017|exec changes, Patent Investing|0 Comments

Xperi swings to $11M 1st Qtr net loss, names President Kirchner to replace retiring CEO Lacey

Xperi Corp. (XPER), the technology licensing company, swung to a first quarter net loss of $11 million, or 22 cents a share, and announced President Jon Kirchner has been named CEO to replace Tom Lacey who is retiring effective June 1. San Jose, California-based Xperi said its first quarter 2017 loss compared with net income [...]

By | May 3rd, 2017|earnings, exec changes, Patent Investing|0 Comments

RPX’s new Chief Strategy Officer Heath will be tasked with helping CEO Roberts revive the sluggish patent aggregation business

Robert Heath, the newly appointed chief strategy officer and executive vice president of RPX Corp. (RPXC), will be tasked with helping CEO Martin Roberts overhaul and retool the patent aggregator and litigation loss control company for a much less active non-practicing entity (NPE) landscape. Heath, 57, is being replaced as CFO by David Anderson, 38, [...]

(Update2) Acacia says interim CEO resigns, Stewart promoted to president

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, said interim CEO Marvin Key resigned effective immediately as of April 19. Key has been interim CEO since the ouster of former CEO Matt Vella in December 2015, following an adverse ruling in an infringement suit filed by Acacia against [...]

By | April 24th, 2017|exec changes, Patent Investing|0 Comments