M·CAM | RPX Corporation Completes Purchase of Rockstar Patents
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RPX Corporation Completes Purchase of Rockstar Patents

Date:  Wed, 2015-02-04

In a development which demonstrates that non-litigation options are far more efficient solutions for market participants, RPX has closed its transaction to acquire patent assets of Rockstar Consortium LLC.

In addition to non-exclusive licenses to over 30 companies, RPX will license the patents to interested companies on fair, reasonable, and non-discriminatory (FRAND) terms. As a result of the closing, eight costly litigations against 16 companies will be dismissed, including cases against Cisco and Google.

For the whole story on PRNewswire click HERE.

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