February 4, 2015
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News Archive
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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