Finjan CEO says rigors of running a public company help him drive credibility and profits

Finjan Holdings Inc. (FNJN) CEO Phil Hartstein said the responsibility of being CEO of a publicly traded company has forced him to develop and execute an effective business strategy and communicate it clearly to shareholders, which is the key to credibility and profitability in the patent monetization business. Even as other publicly traded IP companies [...]

By | July 12th, 2018|Patent Investing|0 Comments

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

Immersion signs licensing deal with Fitbit believed to be worth less than a $1m a year

Immersion Corp. (IMMR), the developer and licensor of haptic or touch feedback technology, said it entered into a settlement and license agreement with Fitbit Inc. without disclosing the terms. Charlie Anderson, an analyst at Dougherty & Co., who rates Immersion a “neutral,” said the deal is “fairly inconsequential” to the San Jose, California-based company. Anderson [...]

By | July 9th, 2018|licensing agreement, Patent Investing|0 Comments

(Update4) ‘Ethical’ NPE iPEL touts $100M in funding firepower but offers little that is new in patent licensing

iPEL Inc., the new patent monetization company run by CEO Brian Yates, said it has raised $100 million in initial capital in May 2017 and over its first year acquired more than 1,000 distinct patent families to enforce against infringers. Pasadena, California-based iPEL touts itself as an “ethical non-practicing entity” or NPE, a phrase it [...]

WiLAN’s Polaris Innovations signs licensing pact with Etron Technology

Wi-LAN Inc., the patent licensing unit of Quarterhill Inc. (QTRH), said its wholly-owned subsidiary, Polaris Innovations Ltd. has granted a license for certain patents to Etron Technology Inc. and Etron Technology America Inc. The Ottawa-based company said the licensed patents relate to DRAM integrated circuit and memory devices. The company said the license resolves ongoing [...]

By | July 5th, 2018|licensing agreement, Patent Investing|0 Comments

InterDigital enters patent licensing deal with Fujitsu Connected Technologies

InterDigital Inc. (IDCC), the wireless research and development and licensing company run by CEO William Merritt, said its patent holding subsidiaries have entered into a multi-year, worldwide, non-exclusive, royalty bearing patent license agreement with Fujitsu Connected Technologies Ltd. The Wilmington, Delaware-based company said the agreement covers the sale of Funjitsu's 2G, 3G and 4G terminal unit [...]

By | July 5th, 2018|Japan, licensing agreement, Patent Investing|0 Comments

Shannon River sells shares of Immersion in wake of $65M settlement with Apple

Shannon River Partners LP, the hedge fund firm run by Managing Member Spencer Waxman, said it sold some of its shares in Immersion Corp. (IMMR), the haptic technology and patent licensing company that won a $65 million settlement from Apple Inc. New York-based Shannon River said in a securities filing it originally paid $11.3 million [...]

By | July 2nd, 2018|Patent Investing|0 Comments

Finjan grants patent license to Trend Micro for more than $13.4 million in cash

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, said its subsidiaries, Finjan Inc., Finjan Mobile Inc. and Finjan Blue Inc. have entered into a patent licensing agreement with Trend Micro Inc. (TYO: 4704; TSE: 4704), a cybersecurity technology company for more than $13.4 million in cash. East Palo [...]

By | July 2nd, 2018|licensing agreement, Patent Investing|0 Comments

Fortress declines to take over patents after DSS default on $3.7M in loans

Fortress Investment Group declined to assume ownership of patent assets that were collateral on about $3.7 million in loans given to Document Security System (DSS) and instead chose to accept as repayment any future recoveries related to enforcement actions involving the assets. Rochester, New York-based DSS said in a securities filing that its DSS Technology [...]

By | June 29th, 2018|Patent Investing|0 Comments

(Update2) Rambus board ousts CEO Dr. Ron Black over incident unrelated to business performance

Rambus Inc. (RMBS), the patent and technology licensing company, today announced that the company's board has terminated Dr. Ron Black as Chief Executive Officer, effective immediately. The Sunnyvale, California-based company said Dr. Black's termination follows an incident unrelated to the company's financial and business performance in which the board determined Dr. Black's conduct fell short [...]

By | June 29th, 2018|exec changes, Patent Investing|0 Comments