Fixing the patent system/ promoting jobs is focus of Capitol Hill event

An increasing number of experts say the U.S. has lost its edge in the battle to secure and defend meaningful patents that stimulate competition. It is with making U.S. patents important again that “Promoting Innovation, Investment and Job Growth by Fixing America’s Patent System” is being held on Monday May 8 at the United States Capitol […]

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Philanthropist & patent licensing pioneer, Eugene Lang, dead at 98

One of America’s most successful and charitable patent licensing strategists passed away last week.  Eugene M. Lang, describe as “an American folk hero” for his generous philanthropy, grew up on Manhattan’s East 83rd Street in a $12 per month railroad flat. He went on to donate more than $150 million to charities and institutions during […]

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PIPX IP stock index down 8.7% in Q1 after being up 11.2% and 20.4%

The PIPX public IP licensing company stock index came back down to earth in the first quarter of 2017.  For Q1 the PIPX index was down 8.7% after being up  11.2% and 20.4% in Q3 and Q4 2016. This compares to an up 5.5% quarter for the S&P 500. The change in value of the […]

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PTAB fairness data is misleading, say more patent holders

Not all patent owners agree the Patent Trial and Appeal Board (PTAB) is a fairer forum for vetting patent quality today. While some believe that the United States Patent and Trademark Office (USPTO) board is no longer the “death squad” that it was described as by the former Chief Judge of the Court of Appeals, […]

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Bloody AC-DC patent war depicted in new novel by Oscar winner

If you thought the 19th Century was a kinder, gentler time for the people responsible for break-through inventions, you would be mistaken – it was not much better than today.  The bitter battle for the electricity standard between Thomas Edison and George Westinghouse was nastier than a bar room brawl. It has all the drama […]

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Patent transactions are flat; U.S. asking prices firm at $250K per

The number of patent sales in the 4Q 2016 remained about the same, but the median asking price of sellers of U.S. patents was higher than in recent quarters. According to data compiled by Richardson Oliver Law Group, a Silicon Valley firm that tracks patent transactions, five of the ten most active sellers were Asian […]

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Three notable IP events coming up in NY, SF and Bangalore

IP event season is upon us and at least three conferences are worth noting.  The first takes place this week in New York, March 21-22, the 9th annual Corporate IP Counsel Forum. The USPTO Keynote will be given by Mary Boney Denison, Commissioner for Trademarks and Mark Powell, Deputy Commissioner for International Patent Cooperation. The […]

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IP licensing leader Tessera renamed Xperi Corp in rebranding push

One of the leading public IP licensing companies, or PIPCOs, Tessera Holding Corporation, has changed its name to Xperi Corporation, an indication that it has altered its direction.  The renaming is an apparent effort to place more emphasis on new lines of business outside of patent licensing after acquiring DTS, as well as facilitate the company’s […]

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Center for IP Understanding is started by leading IP execs to raise awareness, improve attitudes

The Center for Intellectual Property Understanding (CIPU), an independent, unaffiliated non-profit dedicated to increasing IP awareness and improving negative attitudes towards patents, copyrights and other rights, was launched in New York last week.  As reported in IAM, Law 360, World IP Review and other publications, the non-profit Center for IP Understanding was founded to address […]

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Pre-IPO Snap, with $25B valuation, paid $9M for 245 IBM patents

A soft market for patent licensing has not stopped the right patent portfolio from commanding a respectable price from the right buyer – at the right time.    Snap, the corporate parent of Snapchat, reported recently in its S-1 pre-IPO filing that it had acquired a strategic patent portfolio from IBM, according to PatentVue, the data-focused […]

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Trade in counterfeit & pirated goods is $.5 trillion – 2.5% of all imports

“Fakes,” or counterfeit products, are a growing menace that deplete resources, threaten jobs and endanger lives.  A report compiled by the Organization for Economic Cooperation and Development (OECD) says that imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports. That is about the entire […]

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‘Innocent’ IP theft is widely accepted and dangerously viral – Why?

So widespread is IP abuse that it no longer is regarded as a crime by many of the people committing it or authorities entrusted to preventing it.  What has happened to change law-abiding citizens and honest businesses into serial patent, copyright and trademark infringers? Start with geometric increases in information and speed. Putting enormous computing […]

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