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

Levi Strauss signs new licensing agreement for additional laser patents with RevoLaze

RevoLaze, LLC, a laser technology company, said it has reached a new licensing agreement with Levi Strauss & Co. regarding additional denim laser patents from its intellectual property portfolio. The Westlake, Ohio-based firm didn't disclose how much Levi Strauss agreed to pay for the new agreement. The company said the new agreement provides Levi Strauss [...]

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

Quarterhill swings to 4th-Qtr loss on charges related to disposal and impairment of intangibles

Quarterhill Inc. (QTRH), the technology and licensing company run by CEO Douglas Parker, swung to a fourth quarter 2017 net loss of $12.36 million, or 10 cents a share, on $26.3 million in non cash charges related to a loss on disposal of intangible assets and impairment loss on intangibles. Ottawa, Ontario-based Quarterhill's loss compared [...]

(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 [...]

Ex-Gerchen Keller partners Keller, Gerchen and Lenkner form new law firm to advise on litigation

Ashley Keller, Adam Gerchen and Travis Lenkner, former founders of Gerchen Keller Capital, which was acquired by Burford Capital last year, have launched a new law firm Keller Lenkner that seeks to be a leading national law firm representing a broad array of clients as plaintiffs in complex litigation at the trial and appellate levels. Keller, [...]

By | February 20th, 2018|exec changes, litigation, Patent Investing, Uncategorized|0 Comments

Trump and the GOP’s focus on how IP affects drug prices, China IP theft, ignores how much U.S. patents have been weakened

Intellectual property issues are taking on new prominence in Washington, D.C., with the Senate scheduled to vote on the nomination of Andrei Iancu as the undersecretary of commerce and director of the U.S. Patent and Trademark Office, on Monday, Feb. 5 and President Donald Tump signaling his top IP priority in last night’s state of [...]

RPX is unlikely to fetch $800M price tag cited by IAM report given state of its business and IP market

RPX Corp. (RPXC), the patent aggregator and litigation loss control specialist run by CEO Martin Roberts, is likely to fetch much less than the $800 million, or $16.25 a share offer IAM magazine reported RPX received from a consortium, according to people familiar with its business. That's because San Francisco-based RPX's business has been hurt [...]

By | December 13th, 2017|Patent Investing, Uncategorized|0 Comments

BlackBerry reaches strategic licensing agreement with Kasim Alfalahi’s Teletry

BlackBerry Ltd. (BB), the software technology and licensing company run by CEO John Chen, said it entered into a strategic licensing agreement with Teletry, an independent operating company run by Kasim Alfalahi, with expertise in building relationships between patent holders and licensees in the wireless technology industry. Waterloo, Ontario-based BlackBerry didn’t disclose the terms of [...]

By | November 16th, 2017|licensing agreement, Patent Investing, Uncategorized|0 Comments

DSS posts wider 3rd Qtr net loss on decrease in packing customer orders

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it posted a wider net loss in the third quarter because of a decrease in orders from a packing customer and the comparison with the year ago period that included a $150,000 one time license. Rochester, New York-based DSS said [...]

By | November 14th, 2017|earnings, Patent Investing, Uncategorized|0 Comments

(Update1) Xperi posts fourth consecutive quarterly loss in third quarter on higher R&D and other expenses

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, posted its fourth consecutive net loss in the third quarter of 2017 driven by an increase in research and development and other expenses. San Jose, California-based Xperi said its third quarter net loss was $12.1 million, or 24 cents a share, [...]

By | November 2nd, 2017|earnings, Patent Investing, Uncategorized|0 Comments