Spherix acquires Hoth Therapeutics, becoming latest licensing company to acquire product company

Spherix Inc. (SPEX), which turned over its enforcement actions to Equitable IP Holdings Corp., acquired Hoth Therapeutics, a developmental stage company focused on treatments for atopic dermatitis such as eczema. The Bethesda, Maryland-based company didn’t say how much it paid but in acquiring Hoth Therapeutics Spherix became the latest patent licensing company to use its [...]

By | June 21st, 2017|drug patents, Patent Investing, Product|0 Comments

(Update1) Finjan raises $15.3M in preferred stock for possible patent acquisitions and share buybacks

Finjan Holdings Inc. (FNJN), the cybersecurity licensing company run by CEO Phil Hartstein, said it secured a $15.3 million Series A-1 preferred stock financing in a private placement transaction led by Soryn HLDR Vehicle II LLC. The East Palo Alto-based company said in a filing with the Securities and Exchange Commission it plans to use [...]

By | June 20th, 2017|Financing, Patent Investing|0 Comments

Superior court in Los Angeles dismisses Spangenberg, IP Nav from Symantec suit alleging it was duped in patent sale

A judge in the Superior Court in Los Angeles dismissed Erich Spangenberg and IP Navigation Group from a lawsuit filed by Symantec Corp. alleging Spangenberg, IP Nav and others duped the cybersecurity firm out millions of dollars owed for the sale of patents. The case also named Clouding IP LLC, William Carter Jr. and Marathon [...]

By | June 19th, 2017|litigation, Patent Investing|0 Comments

Acacia’s Delaware Display and Innovative Display reach agreement with Vizio ending lawsuits

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, said its Delaware Display Group LLC and Innovative Display Technologies LLC subsidiaries entered into an agreement with VIZIO Inc. Newport Beach, California-based Acacia said the agreement resolves patent litigation pending in the U.S. District Court for the District of Delaware [...]

By | June 19th, 2017|litigation, Patent Investing|0 Comments

(Update1) Patel’s departure from Technicolor seen as sign of chafing with CEO, may be harbinger of licensing business sale

Arvin Patel’s decision to leave Technicolor SA after less than two years as chief intellectual property officer may be a sign of chafing with CEO Frederic Rose, and also may suggest that to get the most out of the licensing business Rose should consider selling it, a person familiar with the matter says. Patel, who [...]

By | June 16th, 2017|exec changes, Patent Investing|0 Comments

Network-1 will repurchase an additional $5M of stock under share repurchase program

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, said its board has extended and increased its previous share repurchase program to repurchase up to $5 million of shares of its common stock over the next two years. That would increase the total authorization since inception of the program to about [...]

By | June 16th, 2017|Patent Investing|0 Comments

TiVo recruits Technicolor’s Arvin Patel as Chief IP officer to start in third quarter

  TiVo Corp. (TIVO), the entertainment technology and licensing company run by CEO Tom Carson, today appointed Arvin Patel as executive vice president and chief intellectual property (IP) officer effective in the third quarter. Patel is replacing Samir Armaly, who is being moved to a newly created role reporting to Carson, where he will continue [...]

By | June 15th, 2017|exec changes, Patent Investing|0 Comments

U.S. Supreme Court is unlikely to find IPR process unconstitutional, patent market observers say

The U.S. Supreme Court is likely to uphold the constitutionality of the inter partes review (IPR) process in in Oil States v. Greene’s Energy Group despite what could be described as magical thinking by patent owners, patent market observers say. The high court took up only one of three questions presented by Oil States in [...]

By | June 14th, 2017|litigation, Patent Investing, PTAB, Supreme Court, USPTO|0 Comments

Quarterhill reaches licensing deals with Amazon and Ericsson ahead of trials

Quarterhill Inc. (QTRH), the diversified holding company and patent licensing company run by Executive Chairman Jim Skippen, said it reached licensing agreements with Amazon and Ericsson this week. Ottawa, Ontario-based Quarterhill said on Tuesday June 13 its wholly-owned subsidiary Wi-LAN Inc. has entered into a patent license agreement with Amazon.com Inc. The company saids the [...]

By | June 14th, 2017|licensing agreement, Patent Investing|0 Comments

Court upholds ex-USPTO deputy director Slifer’s $400K award against Cantor unit, declines to award him patents

A U.S. District Court judge rejected former U.S. Patent and Trademark Office Deputy Director Russell Slifer’s motion to reclaim patents he sold to a unit of Cantor Fitzgerald in a dispute over CG Technology’s failure to make about $250,000 in payments. Judge Andrew Carter Jr. said in a ruling June 13 however that he was [...]

By | June 14th, 2017|litigation, Patent Investing|0 Comments