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

TiVo renews multi-year license with Japan’s Jupiter Telecommunications

TiVo Corp. (TIVO), the entertainment technology and licensing company run by CEO Thomas Carson, said on Tuesday, Oct. 31 it renewed a multi-year license with Jupiter Telecommunications (J:COM), the Japanese cable television operator, for TiVo's G-Guide and intellectual property (IP) across Japan. San Jose, California-based TiVo said the license agreement, which covers J:COM’s Video-on-Demand (VOD) [...]

By | November 1st, 2017|Patent Investing, Uncategorized|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

Spherix says Equitable IP granted rights to monetize 112 patents from target of dismissed enforcement action

Equitable IP Holding Corp., the patent licensing company that took over the patent enforcement campaigns of Spherix Inc. (SPEX), was granted the right to monetize a portfolio of 112 patents from an undisclosed company that had been the target of an enforcement action involving U.S. Patent No. U.S. Patent No. RE40,999. The granting of the [...]

By | May 12th, 2017|Uncategorized|0 Comments

Marathon may need white knight with deeper pockets to reel in fair market licensing deals

Marathon Patent Group Inc. (MARA), the patent monetization company run by CEO Doug Croxall, may have to find a buyer or go private if it wants to force recalcitrant infringers to meet its fair market licensing demands, patent market observers say. Los Angeles-based Marathon, which is expected to report a first quarter loss of 15 [...]

By | May 10th, 2017|earnings, Patent Investing, Uncategorized|0 Comments

RPX’s new Chief Strategy Officer Heath will be tasked with helping CEO Roberts revive the sluggish patent aggregation business

Robert Heath, the newly appointed chief strategy officer and executive vice president of RPX Corp. (RPXC), will be tasked with helping CEO Martin Roberts overhaul and retool the patent aggregator and litigation loss control company for a much less active non-practicing entity (NPE) landscape. Heath, 57, is being replaced as CFO by David Anderson, 38, [...]

(Update1) Finjan reaches license agreement with Avast for $7.745M, ending litigation in federal court

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, said it reached an agreement with Avast Software s.r.o. in which Avast agreed to pay $7.745 million. East Palo Alto, California-based Finjan said the amount paid is on top of the $2.95 million Avast previously paid before it acquired AVG Technologies [...]