Spring brought us news of several patent monetization firms cleaning house, sometimes entirely, which is the case of Altitude Capital and the deal it struck between wholly owned Digitude and RPX. Rumors that Rembrandt IP will soon be shutting its doors continue to swirl, while its former Managing Director Phil Hartstein heads for IP Navigation to … Continue reading
RPX announced “its largest syndicated transaction to date with the participation of more than 10 RPX clients.” According to the release, “RPX will invest approximately $46 million of its own capital in the transaction” resulting in the transfer of 500 patents and “sub-license rights” currently owned by Digitude and Digitude subsidiary Preservation Technologies, companies originally … Continue reading
From a press release issued this week, Digitude Innovations (a company funded with a $50 M investment from Altitude Capital Partners) is announcing a “new patent monetization model.” Billing this as exciting news for inventors and small companies, the press release stated: Digitude will acquire, aggregate, and license key technology areas within the consumer electronics … Continue reading