Finjan files infringement action against Carbon Black after two years of good faith talks

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, said it filed a patent infringement action against Carbon Black Inc., after two years of rustles negotiation. East Palo Alto, California-based Finjan said it filed th action against Waltham, Massachusetts-based Carbon Black yesterday in the U.S. Northern District of California. [...]

By | March 22nd, 2018|litigation, Patent Investing|0 Comments

Jury rejects Precision Fabrics’ infringement claims against Tietex International

A jury in a U.S. District Court in Spartanburg, South Carolina on March 9 handed Tietex International Ltd. a victory in a patent infringement dispute with Precision Fabrics Group Inc., finding that Tietex didn’t infringe two Precision Fabrics Group patents. The patents in suit were U.S. Patent No. 8,501,639, entitled “Thermally Protective Flame Retardant Fabric;” [...]

By | March 14th, 2018|litigation, Patent Investing|0 Comments

Marathon Patent Group agrees to settle fraud suit filed by Symantec for undisclosed amount

Marathon Patent Group Inc. (MARA), the former patent licensing company that was forced to turn over its most valuable patents to a unit of Fortress Investment Group to satisfy a default on $15 million in debt, put another one of its missteps behind it by agreeing to a settlement with Symantec Corp. The settlement stems [...]

By | March 13th, 2018|litigation, Patent Investing|0 Comments

ParkerVision shares gain 16% after judge rejects venue challenge in infringement actions against Apple and Qualcomm

Shares of ParkerVision, Inc. (PRKR), the wireless technology and licensing company run by CEO Jeff Parker, gained more than 16% in midday trading after a U.S. District Court in the Middle District of Florida denied Apple Inc.'s motion to dismiss for improper venue ParkerVision's infringement action against Qualcomm and Apple. The Jacksonville, Florida-based company's shares [...]

By | March 12th, 2018|litigation, Patent Investing|0 Comments

Immersion files two more enforcement actions against Samsung, seeking outcome similar to its $65M win against Apple

Immersion Corp. (IMMR), the haptic or touch feedback technology company run by interim CEO Carl Schlachte, said it has filed a second complaint in the U.S. District Court for the Eastern District of Texas against Samsung Electronics America, Inc. and Samsung Electronics Co. Ltd. The new suit alleges that certain Samsung touchscreen phones, including the [...]

In wake of $65M Apple settlement, Immersion may be more likely to find a buyer than a new CEO

Immersion Corp. (IMMR), the haptic or touch technology company that won a $65 million settlement from Apple Inc. in January, may be closer to selling the company than finding a new CEO, based on a recent securities filing. San Jose, California-based Immersion has been looking for a new CEO to replace Vic Viegas who in [...]

(Update 1) Finjan settles with Symantec and Blue Coat for up to $110m

Finjan Holdings Inc. (FNJN), the cybertechnology and licensing company run by CEO Phil Hartstein, said it entered into a confidential definitive agreement to settle all litigation with Symantec Corp. (SYMC) and its subsidiary, Blue Coat Systems for up to $110 million. East Palo Alto, California-based Finjan said the agreement resolved all pending patent litigation and [...]

(Update2) PTAB rejects St. Regis Mohawk Tribe’s effort to terminate IPR review of patents for Allergan’s Restasis

The Patent Trial and Appeal Board rejected the St. Regis Mohawk Tribe's motion to terminate an inter partes review challenge of patents related to Allergan Plc's Restasis drug for chronic dry eye because of the tribe's sovereign immunity from federal actions. The PTAB said in a ruling on Friday Feb. 23 that "we determine that [...]

Uniloc files enforcement action against Apple alleging infringement of patent for improved communication of data between devices

Uniloc USA Inc. and Uniloc Luxembourg SA, the patent licensing companies run by CEO Craig Etchegoyen, filed a new patent enforcement action against Apple Inc. alleging infringement of a patent for systems and devices for improved communication of data between beacon devices and portable devices such as Bluetooth. The action was filed on Thursday Feb. [...]

By | February 23rd, 2018|litigation, Patent Investing|0 Comments

(Update3) Immersion’s Apple settlement is likely worth only as much as $65M based on 2018 revenue forecast

Immersion Corp. (IMMR), the haptic or touch technology company that won a patent licensing settlement from Apple Inc. (AAPL) last month, probably received between $50 million and $65 million based on the company's run rate of about $30 million a year and the revenue forecast for 2018, the company made in today’s earning release. Interim [...]