VirnetX says court approves $93.35M in costs and interest agreed to by Apple

VirnetX Holding Corp. (VHC), the software and technology licensing company run by CEO Kendall Larsen, said a district court approved $93.35 million in agreed to bill of costs and prejudgement interest in its patent infringement dispute with Apple. The approved costs are in addition to the $502.6 million in damages previously awarded to VirnetX against [...]

By | September 24th, 2018|litigation, Patent Investing|0 Comments

ParkerVision reduces board size to five, adds independent director from NYMED

ParkerVision Inc. (PRKR), the patent licensing company that is cutting costs to enable it to continue to enforce its patents against Qualcomm Inc. (QCOM), said it has reduced the size of its board from eight to five members. The Jacksonville, Florida-based company said in connection with a board restructuring, four directors William Hightower, John Metcalf, [...]

By | September 21st, 2018|exec changes, Patent Investing|0 Comments

(Update1) Patent owners see duplicative IPRs as example of an unfair U.S. patent system

A growing number of patent owners believe that the high percentage of duplicative filings of inter partes reviews (IPR) by large companies including Apple, Microsoft, Google, Samsung and LG Electronics reveals how imbalanced the patent system is in the U.S. and that significant changes such as a limit of one IPR per patent are necessary [...]

By | September 20th, 2018|IPRs, Patent Investing, PTAB, Supreme Court, USPTO|0 Comments

Federal Circuit upholds Finjan patent against Palo Alto Networks appeal of PTAB ruling

The Court off Appeals for the Federal Circuit handed Finjan Holdings Inc. (FNJN), the cybersecurity and patent licensing company run by CEO Phil Hartstein, a victory in its long running infringement dispute with Palo Alto Networks, affirming a ruling that a Finjan patent was valid. The appellate court decision came in an appeal of two [...]

By | September 20th, 2018|Federal Circuit, litigation, Patent Investing, PTAB, USPTO|0 Comments

(Update1) Former patent investor Kesner and Sichenzia law firm sued by MabVax for allegedly concealing conflicts of interest and other causes

Former patent investor and interim CEO of Spherix Inc. (SPEX) Harvey Kesner allegedly led an effort at the law firm of Sichenzia Ross Ference LLP to conceal alleged conflicts of interest of himself and two partners in order secure $1.6 million in legal fees as well as allegedly made illegal trading profits from MabVax Therapeutics [...]

By | September 18th, 2018|litigation, Patent Investing, Uncategorized|0 Comments

Serial IPR petitioners abuse the IPR process according to Robins Kaplan study

The Patent Trial and Appeal Board has adopted a much too permissive approach to allowing petitioners to file serial inter partes review challenges of the same patent with some of the biggest abusers such as Apple and Microsoft filing duplicative IPRs 56% and 59% of the time. That's according to a new study by the [...]

By | September 14th, 2018|Patent Investing, Patent Reform, PTAB, Uncategorized, USPTO|0 Comments

(Update2) RPX seeks en banc review of Federal Circuit ruling remanding IPR ruling to PTAB due to real party in interest issues

RPX Corp., the patent risk aggregator and provider of NPE litigation loss control services, has petitioned for an en banc ruling by the Court of Appeals for the Federal Circuit after a three judge panel ruled that the Patent Trial and Appeal Board erred in finding that RPX was the real party in interest in [...]

By | September 14th, 2018|Federal Circuit, Patent Investing, PTAB, Supreme Court|0 Comments

Federal Circuit affirms PTAB invalidation of most claims of patent ParkerVision enforced against Qualcomm

The Court of Appeals for the Federal Circuit affirmed a decision by the Patent Trial and Appeal Board in three IPR rulings that most of the claims of a patent enforced by ParkerVision Inc. (PRKR) against Qualcomm Inc. were invalid due to obviousness. Qualcomm filed three petitions for IPR challenging the patentability of claims of [...]

By | September 13th, 2018|Federal Circuit, Patent Investing|0 Comments

Quarterhill’s IRD unit lines up $8.1M traffic monitoring data project with Hawaii

Quarterhill Inc. (QTRH), the diversified holding company run by CEO Douglas Parker, said its International Road Dynamics Inc.  unit has been awarded an $8.1 million five year contract by the State of Hawaii Department of Transportation for Continuous Traffic Monitoring Data Collection Goods and Services Statewide. Ottawa, Ontario based Quarterhill said IRD's CTM systems will [...]

By | September 13th, 2018|Patent Investing, Product|0 Comments

Former IPValue exec Petrelli launches Providentia IP to provide custom IP advisory work

Robert Petrelli, a patent licensing executive with experience from IPValue, AT&T, Lucent and Nokia Bell Labs, has launched a new custom IP advisory business called Providentia IP. "I am very excited about starting my own company, Providentia IP (www.providentiaip.com)," Petrelli said in an email. "Along with my partner, Dr. Anthony Gopal, we are leveraging our [...]

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