Showing 3 of 3 news articles
Each week, RPX publishes the latest news on patent litigation and market trends. Never miss a headline. Get them delivered right to your inbox.
After Counterclaim Hammer Dropped on Ascend Innovation, ThinkLogix Sues VTech
Patent Litigation Feature
Last September, ThinkLogix, LLC filed its first case, suing Crestron Electronics (4:23-cv-00844) in the Eastern District of Texas over six patents from a portfolio of roughly 100 former Intellectual Ventures LLC (IV) assets. In response, Crestron filed counterclaims that also named Ascend Innovation Management, LLC (AIM); Ascend IP, LLC; and Mind Fusion, LLC as parties to the litigation, Crestron pleading that the veteran IV figures behind these entities structured them “as part of a basically unfair device to achieve an inequitable result” and that ThinkLogix “does not have sufficient capital to operate its business, including patent maintenance fees and satisfying any liabilities that ThinkLogix may incur during litigation from adverse decisions”. The suit against Crestron ended in a dismissal with prejudice before any response from ThinkLogix—or from the other third-party counterclaim defendants. Last month, ThinkLogix moved on, suing VTech (6:24-cv-00206), this time in the Western District of Texas.
May 17, 2024
IV Veterans Assert Patents from Their Old Haunt
New Patent Litigation
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.
October 1, 2023
IV Patents Continue to Spread Among Newly Formed Texas NPEs
Patent Market, Patent Watch, TPLF
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.
September 8, 2023