VirnetX Holding Corp. expects third quarter net loss between $11M and $12M

VirnetX Holding Corp. (VHC), the patent licensing company that won a $439.8 million infringement award against Apple Inc. said it expects to report a net loss of between $11 million and $12 million in the third quarter of 2017. The Zephyr Cove, Nevada-based company said the loss per share will be between 18 cents and [...]

By | October 19th, 2017|earnings, Patent Investing|0 Comments

Xperi names exCEO of IPValue Murali Dharan as president of Tessera licensing unit

Xperi Corp. (XPER), the technology and licensing company run by CEO Jon Kirchner, named Murali Dharan, the former CEO of IPVALUE Management, as president of Tessera Intellectual Property Corp. Dharan will be responsible for the strategic direction, management and growth of the Tessera intellectual property licensing business and will report to Kirchner. At IP VALUE, [...]

By | October 19th, 2017|exec changes, Patent Investing|0 Comments

RPX reaches licensing deal on five patents with University of Tennessee Research Foundation

RPX Corp. (RPXC), the patent aggregator run by CEO Martin Roberts, said it has completed a patent rights agreement with the University of Tennessee Research Foundation (UTRF), which in coordination with Saint Matthew Research LLC had initiated a patent litigation campaign asserting five patents developed by professors and graduate students at the University of Tennessee. [...]

By | October 19th, 2017|licensing agreement, Patent Investing|0 Comments

ParkerVision gets $500,000 from Aspire Capital, commitment to purchase up to another $19.5M

ParkerVision Inc. (PRKR) the patent licensing company run by CEO Jeffrey Parker, said it received $500,000 in proceeds from a private placement of stock issued to Aspire Capital Fund LLC and a commitment to purchase up to another $19.5 million in shares. Jacksonville, Florida-based ParkerVision said it issued 312,500 shares of common stock at $1.60 [...]

By | October 18th, 2017|Financing, Patent Investing|0 Comments

SRC, Saint Regis Mohawk Tribe enforce computer architecture patents against Microsoft, Amazon

SRC Labs LLC, the computer architecture company founded by Seymour R. Cray and owned by privately-held DirectStream, partnered with the Saint Regis Mohawk Tribe filed enforcement actions against Microsoft and Amazon on Wednesday, Oct. 18, alleging infringement of a number of patents related to field programmable gate arrays (FPGAs). FPGAs are integrated circuits designed to [...]

By | October 18th, 2017|litigation, Patent Investing, PTAB|0 Comments

(Update2) Judge invalidates Allergan’s Restasis patents, raises serious questions about sovereign immunity strategy

Judge William Bryson of the U.S. District Court in Marshall, Texas on Monday invalidated the patents for Allergan Plc’s dry eye treatment Restasis allowing generic drug makers to produce their own versions of the drug and raised serious questions about the pharmaceutical company’s attempt to rent the sovereign immunity of the Saint Regis Mohawk Tribe. [...]

By | October 17th, 2017|drug patents, litigation, Patent Investing, PTAB|0 Comments

Quarterhill’s WiLAN acquires data storage security patents originally owned by Wave Systems

Wi-LAN Inc., a unit of Quarterhill Corp. (QTRH), the diversified holding company run by executive Chairman Jim Skippen, said on Friday Oct. 13 today announced that its SecureWave Storage Solutions Inc. unit has acquired a portfolio of patents which cover a variety of technologies including improvements to securing data for storage devices, such as self-encrypting [...]

By | October 16th, 2017|Patent Investing, Patent sale|0 Comments

TSMC sues Tessera in district court to overturn ITC initial finding of infringement by Broadcom

Taiwan Semiconductor Manufacturing Co. Ltd. filed a lawsuit in U.S. District Court in the Northern District of California against Tessera Technologies, a unit of Xperi Corp. (XPER), to obtain a declaratory judgment overturning an initial determination by an administrative law judge of the U.S. International Trade Commission that Broadcom Ltd. and other chip makers including [...]

By | October 16th, 2017|litigation, Patent Investing, US ITC|0 Comments

Court awards VirnetX $439.7M against Apple in infringement dispute

VirnetX Holding Corp. (VHC), the patent licensing company run by CEO Kendall Larsen, said the U.S. District Court in Tyler, Texas, awarded it $439.7 million in damages, enhanced damages, willful infringement and costs and attorneys fees from Apple Inc. for patent infringement. Zephyr Cove, Nevada-based VirnetX was previously awarded $302 million in damages. The court's [...]

By | October 16th, 2017|litigation, Patent Investing, Uncategorized|0 Comments

TiVo hires former IP attorney from IBM Marc Ehrlich as senior vp of patent strategy

TiVo Corp. (TIVO), the entertainment technology and licensing company, said it hired former in-house IBM attorney Marc Ehrlich as senior vice president of patent strategy. San Jose-based TiVo said Ehrlich will manage strategic account intellectual property (IP) strategy and legal teams across TiVo's IP and patent licensing business. He will report directly to Arvin Patel, [...]

By | October 13th, 2017|exec changes, Patent Investing|0 Comments