Immersion files two more enforcement actions against Samsung, seeking outcome similar to its $65M win against Apple

Immersion Corp. (IMMR), the haptic or touch feedback technology company run by interim CEO Carl Schlachte, said it has filed a second complaint in the U.S. District Court for the Eastern District of Texas against Samsung Electronics America, Inc. and Samsung Electronics Co. Ltd. The new suit alleges that certain Samsung touchscreen phones, including the [...]

European Commission hits Qualcomm with $1.24B fine for payments to Apple for chip exclusivity

The European Commission has fined Qualcomm Inc. €997 million ($1.24 billion) for abusing its market dominance in LTE baseband chipsets to prevent rivals from competing by making significant payments to Apple Inc. (APPL) on condition it would not buy from rivals. The commission said the payments, which were made to Apple for over five years, [...]

By | January 24th, 2018|Europe, litigation, Patent Investing, US ITC|0 Comments

VIEX Capital joins chorus of Immersion investors blasting management’s and board’s stewardship

Interim CEO Carl Schlachte and the board Immersion Capital (IMMR), the haptic touch technology and licensing company that is involved in high stakes patent infringement litigation with Apple Inc., is being criticized for lining its own pockets and not exploring possible takeover offers that would maximize shareholder value. The criticism were revealed on Tuesday Jan. [...]

By | January 23rd, 2018|litigation, Patent Investing, US ITC|0 Comments

TiVo’s Rovi files new salvo of enforcement actions against Comcast, plans new ITC action as well

TiVo Corp. (TIVO), the entertainment technology company run by CEO Enrique Rodriguez, said its Rovi Corp. unit and related affiliates filed new patent infringement lawsuits against Comcast Corp. in the U.S. District Court for the Central District of California and the U.S. District Court for the District of Massachusetts. The lawsuits allege that Comcast's X1 [...]

By | January 11th, 2018|litigation, Patent Investing, US ITC|0 Comments

IP rich Immersion reorganizes, announces rights plan under activist pressure from Raging Capital

Immersion Corp. (IMMR), the haptics or sense of touch technology and patent licensing company that is pursuing aggressive enforcement actions against Apple Inc. and Samsung Electronics, said it is reorganizing and adopting a new rights plan to prevent certain stockholders who have been accumulating large positions from taking over control of the company before it [...]

By | January 3rd, 2018|litigation, Patent Investing, US ITC|0 Comments

Xperi reaches licensing deal with Broadcom, provides new earnings guidance for fourth quarter

Xperi Corp. (XPER), the technology licensing company run by CEO Jon Kirchner, said it reached a patent licensing agreement with Broadcom Ltd., resolving a dispute filed in U.S. District Court in Wilmington, Delaware and at the U.S. International Trade Commission. The San Jose, California-based company said its Tessera Technologies entered into agreements with Broadcom and [...]

TiVo’s new CEO Rodriguez may struggle to improve on growth of licensing business led by Arvin Patel

TiVo Corp. (TIVO) CEO Enrique Rodriguez may find it challenging to improve on the growth of the company’s intellectual property licensing business, which has accelerated since the appointment of Arvin Patel as chief IP officer in August. When he took over as CEO last month, Rodriguez inherited a juggernaut of growth from TiVo’s IP licensing [...]

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

Xperi shares drop as German court issues preliminary statement about invalidity of German patent

Shares of Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, fell 14.4% after the company said the German Federal Patent Court issued a ruling that the German part of a patent Xperi’s Invensas unit is enforcing against Broadcom Ltd. is “invalid for various reasons.” Shares of Xperi were down [...]

By | October 11th, 2017|Europe, litigation, Patent Investing, US ITC|0 Comments

U.S. International Trade Commission needs more time for review finding that Broadcom and affiliates infringe Tessera patents

The U.S. International Trade Commission said on Aug. 9 it needs more time to consider petitions for review of its final initial determination that Broadcom Ltd. and its affiliates infringed patents of Xperi Corp. (XPER)’s units Tessera Technologies and Tessera Inc. The ITC final initial determination covered Broadcom Ltd, Broadcom Corp., ARRIS International plc, ARRIS [...]

By | August 10th, 2017|litigation, Patent Investing, US ITC|0 Comments