Thoughts on the Marvell Technology Class Action
Thu, 4/10/2014 - 1:21PM — INVESTMENTS

I am always looking for signs that the anti-assertion pendulum is swinging back.

The first material evidence came last year when the US Trade Representative, acting on behalf of the Obama administration, upheld the ITC’s exclusion order against Samsung...

Michael Friedman Speaks on Patent Aggregators and NPEs at Northwestern University's Annual Symposium
Tue, 3/4/2014 - 2:19PM — INVESTMENTS

I recently had the opportunity to speak during Northwestern University’s Journal of Technology and Intellectual Property Annual Symposium. The one-day event, held at University’s Law School, addressed current hot topics in the industry, including gene...

Ocean Tomo 300® Patent Index Enters Eighth Year of Trading
Fri, 11/1/2013 - 11:08AM — INVESTMENTS

Today the Ocean Tomo 300® Patent Index(OTPAT), the only index based on the value of corporate intellectual property, was reconstituted.

The Index is a diversified listing of the 300 companies that own the most valuable patent portfolios relative to...

Thoughts on the Microsoft and Nokia Transaction
Wed, 9/4/2013 - 10:37AM — INVESTMENTS

Some in and around the IP community have criticized the Microsoft (MSFT)/Nokia (NOK) transaction as anticompetitive.  For example, David Balto, a former policy director of the Federal Trade Commission, wrote in the Huffington Post, “When competitors...

Town Hall Meeting on IP Investments & Markets: Focus On Patent Transactions
Wed, 7/10/2013 - 8:13AM — INVESTMENTS

In late June, I attended the first Town Hall Meeting on IP Investments and Markets, presented by Ocean Tomo and hosted by the Center for Applied Innovation. Held in Chicago, it brought together leaders from the IP industry with investors and investment...

Ocean Tomo Insights: Evolving IP Market Series, Chapter 8
Thu, 4/4/2013 - 10:17AM — INVESTMENTS

Chapter 8 of the Evolving IP Market Video Series explores the foundations of the taxation economy surrounding intellectual property (IP).

In recognizing the role of IP as a catalyst for wealth creation, it’s also important to recognize its resulting...

Ocean Tomo Insights: Evolving IP Market Series, Chapter 7
Thu, 3/28/2013 - 12:45PM — INVESTMENTS

Chapter 7 of the “Evolving IP Market” video series focuses on sovereign wealth funds and the role of Intellectual Property (IP) in protecting domestic industry.

It has been well publicized that globalization leads to “industrial drift” or the migration...

Ocean Tomo Insights: Evolving IP Market Series, Chapter 4
Mon, 3/4/2013 - 8:48AM — INVESTMENTS

As explained in last week’s chapter of the OT Insights Video Series, the market is currently placing an unprecedented emphasis on companies’ intangible assets as a significant driver of share value. Continuing this theme of intellectual property (IP...

Ocean Tomo Insights: Evolving IP Market Series Chapter 3
Fri, 2/22/2013 - 12:52PM — INVESTMENTS

The newest chapter in our OT Insights Video Series, “How Did We Get Here? IP Evolution,” continues the chronology of IP market development into its third and current generation. Referred to in the video as “the Age of the Golden Rule,” the market is...

Intellectual Property Investing Trends for 2013
Tue, 1/8/2013 - 2:26PM — INVESTMENTS

2012 marked an important stage in the evolution of the intellectual property industry and the recognition of IP as a catalyst for economic growth. In the coming year, we expect IP’s value as an asset class to be even further revealed, monetized, and...

Ocean Tomo 300® Patent Index 7-Year Constituent Companies
Thu, 11/8/2012 - 8:06AM — INVESTMENTS

I am pleased to acknowledge and congratulate the leadership of these 56 companies who have contributed to the performance of the Ocean Tomo 300® Patent Index. As we enter its’ seventh year of publishing on the New York Stock Exchange, the Index continues...

Building A Better Box: Techniques for Innovation
Tue, 8/21/2012 - 2:13PM — INVESTMENTS

It’s been eight years since Business Week branded the cover of its 75th Anniversary edition with the words “The Innovation Economy.” Since then markets have changed and bubbles have burst, but the message of that cover continues to hold true—we operate...

Will Facebook Grow Into Their Valuation?
Fri, 5/18/2012 - 4:36PM — INVESTMENTS

Everyone knows the metrics by now, the end of Facebook’s first day of trading: Market Cap = 112.6 bln.; 107x last twelve months (LTM) earnings; 26x LTM revenue. That's a whole lot of expectation to fulfill. 

How will Facebook grow into that valuation...

Cypress Named to Ocean Tomo 300® Patent Index for Sixth Consecutive Year
Thu, 12/8/2011 - 1:55PM — INVESTMENTS

Constituent Company: Cypress Semiconductor Corp.
NASDAQ CM: CY
Website:www.cypress.com
Industry Sector: Information Technology
Average IPQ® Score: 120

On December 7th, Cypress Semiconductor Corp. (Nasdaq: CY) announced that for the sixth consecutive...

AU Optronics Again Named to Ocean Tomo 300® Patent Index
Thu, 12/1/2011 - 10:41AM — INVESTMENTS

Constituent Company: AU Optronics Corp.
NASDAQ CM: AUO
Website: www.auo.com
Industry Sector: Information Technology
Average IPQ® Score: 101.4

On November 18, AU Optronics (AUO) announced that it has been selected as a constituent for the 2011/2012...

Whirlpool Corporation announced its 6th year of inclusion in the Ocean Tomo 300® Patent Index
Wed, 11/30/2011 - 10:58AM — INVESTMENTS

Constituent Company Whirlpool Corp
NASDAQ CM: WHR
Website: www.whirlpoolcorp.com
Industry Sector: Consumer Discretionary
Average IPQ® Score: 100

Yesterday, Whirlpool Corporation announced their 6th year of inclusion in the Ocean Tomo 300® Patent Index

MIPS Technologies Selected for Inclusion in Ocean Tomo 300® Patent Index
Tue, 11/29/2011 - 9:08AM — INVESTMENTS

Constituent Company: MIPS Technologies
NASDAQ CM: MIPS
Website: www.mips.com
Industry Sector: Semiconductors
Average IPQ® Score: 134.9

Earlier today, MIPS Technologies announced their inclusion in the Ocean Tomo 300® Patent Index. We are glad to see...

Leading Cloud Services Provider, 8x8, Joins Ocean Tomo 300® Patent Index 2011-2012
Mon, 11/14/2011 - 2:11PM — INVESTMENTS

Constituent Company: 8x8, Inc.
NASDAQ CM: EGHT
Website: www.8x8.com
Industry Sector: Telecommunication Services
Average IPQ® Score: 136

Earlier today, 8x8 Inc announced their inclusion in the Ocean Tomo 300® Patent Index. We are pleased to see their...

Ocean Tomo 300® Patent Index - 61 Constituent Companies Included Across All 6 Years
Tue, 11/1/2011 - 9:37AM — INVESTMENTS

Entering its sixth year of publishing the Ocean Tomo 300® Patent Index in 2011, Ocean Tomo acknowledges those companies who have contributed to the performance of the index in all six years including:   

...

Ocean Tomo 300® Patent Index (OTPAT) Announces New Constituent Companies in Sixth Year of Trading
Tue, 11/1/2011 - 9:36AM — INVESTMENTS

In today’s blog post, which coincides with the announcement of the 2011 Ocean Tomo 300® Patent Index (OT300) constituents, I would like to make special mention of three companies.

Each reports earnings today and to us, more importantly, has been a...

Development of an Intellectual Property-Based Investment Strategy
Thu, 10/13/2011 - 11:43AM — INVESTMENTS

After many years as a mergers and acquisitions and securities lawyer, I began investing in special situations professionally in 1996. Although the strategy has evolved to include any sort of idiosyncratic trade around a specific event or catalyst...