(Update3) Fortress and Uniloc have been quietly working together on patents since 2014

Fortress Investment Group, whose IP investing group is run by Eran Zur, has been quietly working with Uniloc Luxembourg SA and Uniloc USA on at least 10 enforcement actions since the two companies signed a revenue sharing and note and warrant purchase agreement on December 30, 2014. The business relationship was first revealed in filing [...]

By | June 21st, 2018|Financing, litigation, NPE, 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

RPX licenses former Siemens patents assigned to WiLAN unit Network Managing Solutions

Wi-LAN Inc., the patent licensing unit of Quarterhill Inc. (QTRH), said its today announced that its wholly-owned subsidiary, Network Managing Solutions LLC, has granted a license for certain patents owned by NMS to RPX Corp. (RPXC). Ottawa, Ontario-based WiLAN said the terms were confidential and that the licensed patents relate to network management technology. In [...]

Adiona IP enforces two patents once owned by Cypress and Philips against TiVo

Adiona IP LLC, a Plano, Texas-based non-practicing entity, filed an enforcement action against TiVo Corp., the entertainment media technology and licensing company, for infringement of two patents. The patents in suit are U.S. Patent No. 7,194,520, entitled "Content Player for Broadcasting to Information Appliances," and U.S. Patent No.  6,580,871, entitled "Device and Method for Recording an Information [...]

By | May 4th, 2018|litigation, NPE, Patent Investing|0 Comments