ThinkLogix, LLC

Over the past week or so, two of five recently formed Texas entities with overlapping management have launched litigation in the Eastern District there: Accessify, LLC, suing Nikkei (Financial Times) (2:23-cv-00456) over “hardware, software, and functionality that allows users to use, access, view, and purchase digital content and information from the Financial Times website”; and ThinkLogix, LLC, suing Creston Electronics (4:23-cv-00844) over the provision of a wide array of products, ranging from multicamera systems to smart home solutions. In each case, the plaintiff asserts a bundle of more than five patents, assembled from a large portfolio of assets divested from Intellectual Ventures LLC (IV) this past February.

An entity created by two Intellectual Ventures LLC (IV) alums has received more than 880 US patent assets from IV to date, and as reported by RPX last month, subsets of those patents have been on the move since at least June of this year. A review of USPTO assignment records confirms that even more transfers involving IV divestitures took place over the last few weeks, further spreading patents among a network of Texas NPEs.