Celerity IP, LLC, a subsidiary of litigation finance firm GLS Capital, has begun its second litigation effort (as “exclusive licensee”) since becoming the “exclusive agent for the licensing and enforcement of” two portfolios of standard essential patents originating with ASUSTek (ASUS) or Innovative Sonic Limited. Together with ASUS Technology Licensing Inc. (as patent owner)—formed to continue “ASUSTek’s long history of development in and contributions to the field of wireless communications”—the plaintiffs have sued Samsung (2:23-cv-00409) in the Eastern District of Texas over a single wireless communications patent, targeting the provision of devices (e.g., smartphones, tablets, and smart watches) that are compliant with 4G and/or 5G networking standards.