Thu, Feb. 26, 7:14 PM
- Aereo -- the streaming-TV service that cratered after it lost to broadcasters before the Supreme Court last summer -- hoped to get $4M-$31M at its bankruptcy auction, but were picked clean for less than $2M total by 10 bidders.
- TiVo (NASDAQ:TIVO) picked up Aereo's customer list and trademark, and patent risk-management company RPX (NASDAQ:RPXC) got the patents. "We are very disappointed," said Aereo lawyer William Baldiga.
- Meanwhile in the key litigation, a lower court is determining how much in damages Aereo owes angry broadcasters (DIS, CBS, FOXA, CMCSA), and it's likely to be in the tens of millions of dollars.
Tue, Feb. 10, 4:19 PM
Mon, Feb. 9, 5:35 PM
Tue, Jan. 6, 6:55 PM
- Acacia's (NASDAQ:ACTG) Cell and Network Selection and SOTA Semiconductor units have "entered into a new agreement" with RPX (NASDAQ:RPXC). Acacia also struck a deal with RPX in 2013.
- Acacia and RPX's respective client bases are often at odds with each other. The former helps patent owners monetize their assets (often by pursuing infringement suits), while the latter helps tech companies protect against infringement risk, in part by acquiring and sub-licensing patents.
Dec. 23, 2014, 12:46 PM
- IP risk-protection firm RPX (RPXC -0.4%) is buying most of the Rockstar Consortium's remaining patents (over 4,000 of them) for $900M - roughly a fifth of the ~$4.5B the consortium paid to buy the full portfolio in 2010 from bankrupt Nortel.
- RPX will license the patents to a syndicate of 30+ companies that includes Google and Cisco in exchange for payments. Everyone else will be able to license them under FRAND terms. RPX is only directly contributing $35M to the purchase.
- Rockstar, whose members include Apple, Microsoft, BlackBerry, Ericsson, and Sony, had launched a series of lawsuits against Android OEMs. The sale comes amid an increasingly difficult legal and political environment for IP licensing firms.
- Spherix (NASDAQ:SPEX), which bought over 100 of Rockstar's patents and patent applications earlier this year and has used them to sue Cisco, Verizon, and Huawei, is trading lower
Dec. 8, 2014, 5:52 PM
Oct. 28, 2014, 4:15 PM
Aug. 19, 2014, 3:55 PM
- Acacia's (ACTG +1.2%) Innovative Display Technologies and Delaware Display Group units have reached an agreement with RPX (RPXC -0.8%). Terms are undisclosed.
- This isn't the first deal between Acacia and RPX, whose partners/clients are often at odds with each other. Acacia partners with, and acquires patents from, individuals and companies looking to monetize their IP. RPX's services, which include patent purchasing, aim to protect companies from IP suits.
Jul. 29, 2014, 4:38 PM
Jun. 19, 2014, 1:15 PM
- In a closely-watched case, the Supreme Court has upheld the patentability of software concepts, albeit while setting limits: Companies can't patent a mere abstract idea on a computer, but can patent software ideas that advance or improve upon existing ideas.
- The ruling comes a month after Sen. Pat Leahy shelved a hotly-contested bill aimed at limiting the power of patent trolls. Many tech giants and startups backed the bill, while IP licensing firms staunchly opposed it.
- A few licensing firms are trading lower on a moderately down day for tech: VRNG -2.2%. ACTG -1.3%. VHC -2.8%. PRKR -3.8%. SPEX -3.1%.
- Other related names: RPXC, WILN, DSS, CRDS, MARA.
Jun. 10, 2014, 6:12 PM
- Reuters reports RPX (RPXC +0.8%) is in advanced talks to buy PatentFreedom, a provider of subscription-based services that let companies and law firms track the activity of patent owners that could potentially file suits. No word on deal pricing.
- PatentFreedom's offerings would complement RPX's existing IP-protection services, through which the company buys patents from potential litigants on behalf of clients (in exchange for a fee).
- The report comes a month after a bill meant to make life more difficult for patent trolls was stalled in the Senate.
Apr. 29, 2014, 4:33 PM
Mar. 17, 2014, 9:43 AM
- VMware (VMW +2.2%) has been started at Buy by Monness Crespi.
- SAP (SAP +2.2%) has been upgraded to Buy by Citi.
- VeriSign (VRSN -8.8%) has been cut to Market Perform by Cowen. The downgrade comes as the NTIA announces it will relinquish control of the Internet's domain name management system to an international body. VeriSign insists the move won't affect its operation of the .com and .net registries.
- CommVault (CVLT +3.3%) has been upgraded to Buy by Mizuho.
- RingCentral (RNG +4.5%) has been started at Outperform by William Blair.
- NetScout (NTCT +0.1%) has been cut to Neutral by D.A. Davidson.
- RPX (RPXC +3%) has been started at Outperform by Cowen.
- Cadence (CDNS +1.4%) has been started at Overweight by Piper.
Feb. 11, 2014, 4:22 PM| Comment!
Feb. 11, 2014, 12:10 AM
Feb. 10, 2014, 5:35 PM
RPXC vs. ETF Alternatives
RPX Corp provides a subscription-based patent risk management solution that facilitates more efficient exchanges of value between owners and users of patents compared to transactions driven by actual or threatened litigation.
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