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This tag is associated with 36 posts

When CFO’s Are On Board, You Know The IP Asset Class Has A Real Future

  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

Cisco Pays $36 M To License Acacia Patents Acquired From Philips, J2 And Two Start-ups

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

Do NPE’s “Cost” Us $29 B? Intellectual Ventures Co-Founder Peter Detkin Sets The Record Straight

The BBC ran another article in a tired meme about evil patent owners supposedly “costing” billions per year.  Of course, the article doesn’t specify who supposedly bore this $29 B “cost” or how it was calculated, but instead cites a Boston University paper by Professors James Bessen and Michael Meurer.   According to the BBC article, … Continue reading

LML Payment Systems Wraps Up Patent Monetization Effort

LML Payment Systems (NASDAQ:LMLP) hired McKool Smith to enforce its payment processing patents against the giants of the financial industry.  That effort wrapped up earlier this year, and with the patents expiring in January 2013, the company announced it had no plans to initiate any further monetization efforts. As I reported on Seeking Alpha: Since … Continue reading

IPXI’s Market-based Platform For Exchanging Patent Rights On The Horizon

After several years in the making, IPXI seems poised to officially launch later this year with its first round of IP offerings.  During an interview with Gametime IP, IPXI Director Ian McClure exuded optimism and enthusiasm about the progress of the world’s first ever IP-rights exchange.  McClure noted that the firm is “gaining a lot … Continue reading

AkzoNobel And Intellectual Ventures Collaborate On R&D

From a press release circulated by Intellectual Ventures yesterday: Akzo Nobel N.V. (AkzoNobel) and Intellectual Ventures (IV®) announced today that they have entered into a joint collaboration agreement to develop new technologies for the paint and coatings industry. The collaboration provides AkzoNobel with access to technologies from IV’s portfolio of chemistry and materials science inventions. … Continue reading

Q: Why Was MDB Capital Right, And M-CAM So Very, Very Wrong On AOL Patent Value?

A: Because computers are not capable of truly understanding patents. Period. Joff Wild over at the IAM Blog explained M-CAM’s $290 M prediction as the “absolute ceiling price” of the AOL patent sale quite succinctly (and politely) by noting that the computer analytics firm “seems to have got it horribly wrong.”  Meanwhile, MDB Capital’s Christopher Marlett prediction … Continue reading

Actually, “Promoting Innovation” And “Profiting Off The Backs Of Creators” Are Not The Same Thing

Patents are big news these days, and sometimes the day is not complete without a column from a tech magazine, or an op-ed by some corporate mouthpiece about how our patent system is malfunctioning and not performing its goal of “promoting innovation.”  As evidence of this supposed lack of innovation promotion, these inane articles nearly … Continue reading

Glimpse Of America’s Future From Across The Pond – Are UK ‘SME’ Patents Worth More As Heating Fuel?

An interesting story today from The Telegraph introduces inventor and small business owner Michael Wilcox.  After spending £150,000 to develop his printing technology, Wilcox burned his patent in protest, expressing his frustration over failed attempts to negotiate license agreements with larger companies in the industry.  Wilcox told the paper that, because companies no longer feared … Continue reading

Microsoft/Samsung License Acacia Patents For Estimated $65 MM

Publicly traded Acacia Research (NASDAQ: ACTG) invests shareholder money into patent assets, playing a key role in the technology creation life-cycle: making sure the original creators of the technology get paid for their work.  Recently, Acacia invested a sizable portion of its cash ($160 MM) into a company called ADAPTIX, garnering a small but potent … Continue reading

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