Hermes IP Management LLC has become the latest entity tied to Texas monetization firm Longhorn IP LLC to file US litigation. In a new Eastern District of Texas complaint, Hermes IP has accused Samsung (2:24-cv-00540) of infringing three former SK Telecom patents through the provision of mobile devices featuring audio noise cancellation, multiple home screens, and/or image geotagging and navigation features. Longhorn IP has made headlines recently for its appeal to the Federal Circuit of the requirement that it post a bond under Idaho’s “Bad-Faith Patent Assertion” law, in litigation against Micron.

Operating company patents continued to spread among NPEs throughout 2022, including to familiar faces in patent monetization. While a number of those recipients have yet to file any litigation, several did launch new campaigns during the fourth quarter—some with the backing of third-party litigation funding.