QPRC Inks Another Financing Deal, Acquires More Patents, Files More Cases
Deepwell IP LLC, a subsidiary of publicly traded Quest Patent Research Corporation (QPRC), has filed suit against MediaTek (2:23-cv-00429), targeting the provision of systems-on-chip (SoCs) with ARM cores, including the MT8186 and Dimensity 1060 SoCs, as well as products incorporating them, including the Lenovo Chromebook and Motorola Edge smartphone. Deepwell IP’s is the second litigation campaign to arise from a January 2022 deal—the price tag for which was $1.06M—with Intellectual Ventures LLC (IV). QPRC has reported subsequent patent acquisitions, including portfolios picked up from Edward D. Ioli Trust (in July 2022), Hewlett Packard Enterprise (HPE) (also in July 2022), Tower Semiconductor (in March 2023), and an individual inventor (in August 2023), each of which has yet to spawn litigation.