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Stock Market & Financial Investment News

News Breaks
June 16, 2014
08:33 EDTPCOPendrell subsidiary enters into second memory technologies license agreement
Pendrell announced that a Pendrell subsidiary entered into a patent license agreement with a semiconductor company for technologies that cover embedded MultimediaCard memory and storage. This agreement allows the licensee to use both standards essential and implementation technologies in exchange for a modest upfront payment and future royalties. The licensed portfolio includes more than 145 patents and patents pending, 12 of which have been applied for during the past twelve months. Additional terms of the agreement are not being disclosed.
News For PCO From The Last 14 Days
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March 23, 2015
08:13 EDTPCOPendrell unit: Court rejects attempts to limit scope of DRM patents
ContentGuard Holdings, a subsidiary of Pendrell Corporation (PCO), announced that on Friday, March 20, Judge J. Rodney Gilstrap of the U.S. District Court for the Eastern District of Texas issued a 144 page Claim Construction Order in lawsuits ContentGuard filed against several companies who continue to use its patented Digital Rights Management solutions without a license, including Apple (AAPL), Amazon.com (AMZN), DirecTV (DTV), Google (GOOG), HTC, Huawei, Motorola Mobility and Samsung Electronics (SSNLF). In his order, Judge Gilstrap interpreted the language in ContentGuard’s patents in a manner that fully preserves the breadth of ContentGuard’s patented Digital Rights Management technologies. These technologies were developed to enable the distribution of digital media over the Internet and other networks, including cellular and satellite networks, and provide innovative solutions to problems that were once thought to be unsolvable. “We are very pleased with the Court’s ruling,” commented James Baker, ContentGuard’s Vice President for Licensing and Strategic Development. “We believe these claim constructions demonstrate that the online stores defendants provide for buying and renting DRM-protected movies, videos, books, and music and devices that play, run, display or print this DRM-protected content infringe ContentGuard’s pioneering DRM patents.”

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