The Fate of the Last One Notwithstanding, Transpacific IP Acquires Another Batch of Patents from Orange
On May 10, 2024, Orange (f/k/a France Telecom) assigned five US patents to IP monetization firm Transpacific IP Group Limited. This divestiture echoes a fateful acquisition by Transpacific IP from Orange back in 2017—an acquisition that led to a failed deal with monetization shop Slingshot Technologies LLC, a completed deal with publicly traded Acacia Research Corporation, a litigation campaign from Acacia’s Monarch Networking Solutions LLC that remains active today, and Delaware state court litigation between Slingshot and Acacia that has persisted in parallel, through the present day. In June 2024, Delaware Superior Court Judge Eric M. Davis denied Acacia’s motion for summary judgment in its entirety, with the presence of a prominent figure in litigation funding on Acacia’s board figuring in the disputed factual predicate for Slingshot’s persistent trade secret misappropriation and companion tort claims.
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