Acacia’s Chief IP Officer Booth acquires 10,000 shares is confident he can overhaul licensing business

Marc Booth, the newly appointed chief intellectual property officer of Acacia Research Corp. (ACTG), acquired 10,000 shares of Acacia at a price of $3.9015 or $39,015, because he has confidence he can overhaul the company's patent licensing business. The acquisition was disclosed in a Form 4 filing with the Securities and Exchange Commission. "I have [...]

By | August 22nd, 2018|exec changes, Patent Investing|0 Comments

(Update1) TiVo posts wider 2nd-Qtr loss, says ongoing strategic review has eliminated acquisitions as way to grow

TiVo Corp. (TIVO), the entertainment technology and patent licensing company run by interim CEO Raghu Rau, posted a much wider net loss in the second quarter of 2018 on lower revenue from licensing services and software and hardware. The San Jose, California-based company also provided preliminary results of its strategic review conducted by LionTree Advisors, [...]

By | August 8th, 2018|earnings, exec changes, Patent Investing|0 Comments

(Update3) Acacia posts wider second quarter loss and departure of officers and directors

Acacia Research Corp. (ACTG), the patent licensing company that is going through a leadership change after a proxy battle that unseated former Executive Chairman G. Louis Graziadio III, posted a much wider second quarter net loss because of $29.2 million impairment charge. The Newport Beach, California-based company also said that Marc Booth, a former executive [...]

By | August 8th, 2018|earnings, exec changes, Patent Investing|0 Comments

(Update2)Two Acacia directors resign after clash with newly installed activist directors

Acacia Research Corp. (ACTG), the patent licensing company run by President Rob Stewart, said directors William S. Anderson and Paul Falzone have resigned from the board in the first sign that two newly installed activist directors Al Tobia Jr. and Clifford Press are influencing the corporate strategy of the struggling company. Newport Beach, California-based Acacia [...]

By | August 1st, 2018|exec changes, Patent Investing, Uncategorized|0 Comments

U.S. patent licensing companies are facing a dearth of leadership as CEOs retire or are ousted

The U.S. patent licensing business is experiencing a vacuum of leadership as a raft of chief executives, dispirited and exhausted from their Sysiphean efforts, quit for better opportunities or are forced out by bitterly disappointed boards and shareholders. In the past month, Rambus Inc. (RMBS) ousted its long time CEO Dr. Ron Black in a [...]

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

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