Suffolk Technologies, a Delaware LLC, accused AOL and Google of infringing patents–including US Patent 6,081,835–through the use of Google AdWords and AdSense. A lawsuit filed in June 2012 explained that the patents originated at British Telecom (BT), and a series of simultaneously recorded assignments shows the patents subsequently assigned to IPValue and then Suffolk. According to an … Continue reading
On October 19th, a Texas-based company sued Apple over US Patent 7,177,798. Assignment records indicate the ’798 Patent is owned by Rensselaer Polytechnic Institute and court documents state that Dynamic Advances, LLC is the “exclusively licensee” for the ’798 and “facilitates Rensselaer’s goal of commercializing its patented inventions to the benefit of the general public and to further … Continue reading
Becton Dickinson made a surprising announcement today. From the press release: David V. Elkins, 44, Executive Vice President and Chief Financial Officer, has informed the Company of his plans to pursue an entrepreneurial opportunity at Round Rock Research, LLC, a technology licensing company, serving as its CFO. Yes, that Round Rock Research. The one formed … Continue reading
Little more than one year ago, GametimeIP reported that a German investment fund acquired a substantial portfolio from British Telecom: According to a press release issued yesterday, the German patent fund Patentportfolio 2 S.a.r.l. acquired 400 patent assets from publicly held BT Group PLC. The group is funded by the German investment fund Alpha Patentfronds 2, and strategic … Continue reading
Last month, Acacia reported in its second quarter earnings that 72% of its revenue for, or $36 M, came from a single licensee. (See A Tale Of 2 Quarters – Acacia Research Illustrates Patent Play Volatility). During a telephone conversation with Paul Ryan, he explained that revenue concentrations can occur when companies license multiple Acacia … Continue reading
In a rare move, given their previous disdain for intellectual property owners, Google released new enhancements to the free Google Patents search engine to help patent owners–along with lawyers, analysts and advisors–identify and investigate potential patent infringement. To avoid potential backlash from a community of activists that have rallied around the search advertising giant, Google … Continue reading
Joff Wild at IAM reported that Peter Holden, formerly of Coller Capital, partnered with IP Value to create a new IP investment fund. Wild’s reports confirms rumors that surfaced during litigation between Coller and a scorned, would-be patent buyer. Meanwhile, Eran Zur’s departure from RPX was delayed from August 1st to August 10th according … Continue reading
Two bills currently pending in Congress, if passed, would ultimately impact patent enforcement far more than the lengthy America Invents Act signed into law last year. First up is H.R. 3889 Promoting Automotive Repair, Trade, and Sales Act, introduced by California Republican (and inventor) Darrell Issa and aimed at curbing enforcement of design patents that … Continue reading
A detailed analysis of Acacia’s second quarter earnings is available at A Tale Of Two Quarters – Acacia Research Illustrates Patent Play Volatility. While the patent licensing firm posted $50 M in revenue, and nearly $150 M in the first six months of 2012, details of Acacia’s 10-Q show that once you exclude their 4 … Continue reading
In a paper published on July 25, 2012 (available from SSRN), Chicago-area scholars David Schwartz and Jay Kesan challenge a study by Boston University professors James Bessen and Michael Meurer, which claimed that patent litigation generated by so-called “non-practicing entities” imposes direct costs of $29 B. Intellectual Ventures’ Peter Detkin and Patentology’s Mark Summerfield already … Continue reading