AST says its IP3 2017 program acquired 70 patent assets for nearly $2.5M

Allied Security Trust Inc., the patent aggregator run by CEO Russell Binns Jr., said its second annual industry patent purchase program IP3 2017 acquired 70 patent assets for nearly $2.5 million. The Princeton, New Jersey-based company said the IP3 2017 program attracted strong interest from both patent sellers and AST members. Unlike last year, the [...]

By | February 6th, 2018|Patent Investing, Patent sale|0 Comments

Marathon acquires four cryptocurrency exchange patents from former Vringo

Marathon Patent Group Inc. (MARA), the former patent monetization company that is reverse merging with Global Bit Ventures, a cryptocurrency mining company, said it has agreed to acquire four patents related to the transmission and exchange of cryptocurrencies between buyers and sellers from XpresSpa Group Inc. (XSPA) The Los Angeles-based company said the acquisition is [...]

By | January 19th, 2018|Patent Investing, Patent sale|0 Comments

WiLAN acquires DRAM and NAND patents from Panasonic, terms not disclosed

Wi-LAN Inc., the patent licensing unit of Quarterhill Inc. (QTRH), said its wholly-owned subsidiary Cetus Technologies Inc. has acquired a portfolio of patents from Panasonic Corp. The terms were not disclosed. The Ottawa, Ontario-based company said the portfolio relates to semiconductor memory technologies used in Dynamic Random Access Memory, as well as NAND Flash Memory. [...]

By | January 8th, 2018|Patent Investing, Patent sale|0 Comments

Network-1 acquires patent portfolio from John Nix’s M2M and IoT Technologies LLC

Network-1 Technologies (NTIP), the patent licensing company whose flagship Remote Power Patent was declared invalid and not infringed by Hewlett-Packard, said it acquired a patent portfolio relating to the Internet of Things (IoT) and Machine-to-Machine industries and next generation consumer mobile technologies from M2M and IoT Technologies LLC. The New York-based company didn’t disclose how [...]

By | January 8th, 2018|Patent Investing, Patent sale|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

Recent flood of patents for sale is hurting patent values, Allied Security Trust CEO Binns says

Allied Security Trust CEO Russell Binns says patent values in the U.S., which have been on a five year decline, won’t hit bottom and rebound until patent owners stop flooding the market with patent portfolios to clean up their balance sheets. Binns made his remarks as part of an outreach the company is making as [...]

By | September 19th, 2017|Patent Investing, Patent sale, PTAB, Supreme Court|0 Comments

Marathon ends employment of rainmaker Spangenberg, begins turning over assets to Fortress

Marathon Patent Group Inc. (MARA), the patent monetization company run by CEO Doug Croxall, has ended the employment of its principal rainmaker Erich Spangenberg, the founder of IP Navigation Group, and begun the process of turning over its patent assets to a unit of Fortress Investment Group. The Los Angeles-based company said that on August 3 [...]

Ex USPTO Deputy Director Slifer twice refuses CG Technology’s offer of $524,520 in damages

Russell Slifer, the former deputy director of the U.S. Patent Office, who sued CG Technology LP for failing to pay him what he was owed in a patent sale and was awarded $400,000 in damages plus interest, has twice refused to accept the $524,520.23 offered by the unit of Cantor Fitzgerald. That’s because Slifer, who [...]

By | August 8th, 2017|litigation, Patent Investing, Patent sale|0 Comments

Quarterhill’s WiLAN acquires content delivery network patent portfolio for no upfront payment, share of licensing revenue

Quarterhill Inc. (QTRH), the diversified holding company formerly known as Wi-LAN Inc., said its wholly-owned subsidiary Content Delivery Inc. has acquired a portfolio of patents and applications relating to Content Delivery Network technology from an unnamed seller. The Ottawa, Ontario-based company, which is run by Executive Chairman Jim Skippen, didn’t say how many patents it [...]

By | July 20th, 2017|Patent Investing, Patent sale|0 Comments

RPX completes patent rights deal with ZiiLabs ending litigation against Lenovo, LG, Sony, MediaTek and others

RPX Corp. (RPXC), the provider of patent risk and discovery management solutions run by CEO Martin Roberts, said it has completed a patent rights agreement with ZiiLabs Inc. Ltd, a wholly owned subsidiary of Creative Technology Ltd. The San Francisco-based company didn’t disclose the financial terms of the transaction, saying only that ZilLabs will receive [...]