Three public companies that are active in patent licensing or highly dependent on patents for success have been added to the IP CloseUp 30 index of public intellectual property companies, or PIPCOs.
Burford Capital (BUR.L), is primarily a litigation funding organization that trades on the London Stock Exchange. It recently hired Justin Daniels, previously a IP litigation partner at Proskauer Rose, as a Managing Director to further develop and manage its IP offerings. Prior to Proskauer he was a litigator with Skadden, Sullivan & Cromwell and Cravath.
Digimarc Corporation, (DMRC) provides media identification and management solutions to commercial entities and governments. It has a number of key patents and was previously associated with Intellectual Ventures.
Imagination Technologies Group (IGMNF) is involved in the development and licensing of silicon and software intellectual property solutions for system-on-chip devices for semiconductor, network operator and electronics original equipment manufacturer, and original design manufacturer companies.
Both Burford and Imagination are UK-based.
Real-Time PIPCO News
The IP CloseUp 30® is a real-time index of publicly traded IP monetization companies. By accessing it here, readers can add the url to their home screen or desk top for easy comparison of companies in the sector, and to get up-to-the-minute news.
To be considered for inclusion in the index, invention rights (patents) must play a significant role in a company’s value or revenue stream, and its market capitalization must be above $5 million when included. A few companies on the list, including InterDigital, Rambus and Universal Display, are capitalized at over $1 billion. Companies are removed from time-to-time as lack of trading volume, market cap or share price warrant.
Image source: company websites