Intellectual Property News From Silicon Valley

Intellectual Property in Silicon Valley

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Level 3 Communications, Inc. today announced Rahul N. Merchant has been appointed to its board of directors effective Oct. 1, 2009. Merchant currently is a partner with private equity firm Exigen Capital. Merchant previously served as executive vice president, chief information officer and member of the executive committee of Fannie Mae in Washington from 2006 until 2008. At Fannie Mae, Merchant led the technology and operations groups. Prior to Fannie Mae, Merchant was a senior vice president and chief technology officer for Merrill Lynch & Co., in New York from 2000 until 2006. Merchant has almost 30 years of experience in the information technology industry and is also a member of the board of Sun Microsystems, Inc. "Our chairman Walter Scott and I are pleased to welcome Rahul to the Level 3 board," said Jim Crowe, CEO for Level 3. "His extensive knowledge and ... (more)

MoSys Announces Third Quarter 2009 Conference Call and Participation in TechAmerica AeA Classic Financial Conference

MoSys, Inc., (NASDAQ: MOSY), a leading provider of high-density memory and high-speed interconnect intellectual property (IP) for the consumer, communications, networking, storage and high-performance computing markets, today announced it will host a conference call on Tuesday, October 27, 2009 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss its third quarter 2009 financial results. The Company also announced that Len Perham, President and Chief Executive Officer, and Jim Sullivan, Chief Financial Officer, will present at the TechAmerica AeA Classic Financial Conference on Tuesday, November 3, 2009. Third Quarter 2009 Conference Call / Webcast Information Following the announcement of the Company’s third quarter 2009 financial results after the market close on October 27, 2009, Len Perham, MoSys’ President and Chief Executive Officer, and Jim Sullivan,... (more)

Covington Advises Microsoft In Patent Agreement With Facebook

SAN FRANCISCO, April 23, 2012 /PRNewswire-USNewswire/ -- Covington & Burling advised Microsoft Corp. in negotiating a definitive agreement with Facebook that assigns the social networking company the right to purchase a portion of a patent portfolio that Microsoft recently purchased from AOL Inc. Under the agreement, announced today, Facebook will pay $550 million in cash. (Logo: ) Covington also represented Microsoft in its $1.056 billion purchase of 925 AOL patents and patent applications earlier this month. In that deal, Microsoft secured the ability to own or assign approximately 925 U.S. patents and patent applications plus a license to AOL's remaining patent portfolio, which contains approximately 300 additional patents that were not for sale. As a result of today's agreement, Facebook will obtain ownership o... (more)

WiLAN Acquires Patent Portfolio from Siemens AG

OTTAWA, CANADA -- (Marketwire) -- 07/17/12 -- Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN)(NASDAQ:WILN) today announced that it has acquired a global portfolio of more than 40 patents and applications from Siemens AG ("Siemens") related to telecommunication network management and mobile multimedia. Although the terms of the agreement are confidential, WiLAN can confirm that it does not consider the purchase amount to be material relative to its current cash position. The acquisition expands WiLAN's portfolio of patents that relate to fundamental telecommunication technologies. The portfolio specifically relates to features covered in the 3rd Generation Partnership Project ("3GPP") global mobile broadband standards and those of the European Telecommunications Standards Institute ("ETSI"). It is the first such transaction between WiLAN and Siemens, one of the wor... (more)

Shire Leads New Initiative to Reveal Challenges Facing Rare Disease Community

- Impact Report to assess holistic needs of rare disease patient and medical communities LEXINGTON, Massachusetts, Nov. 19, 2012 /PRNewswire/ -- Shire plc (LSE: SHP, NASDAQ: SHPGY) today announced a new initiative – the Shire Rare Disease Impact Report – to research the health, psycho-social, societal and economic impact of rare diseases in patient and medical communities. Comprehensive surveys of patients, caregivers, physicians, payors and thought leaders in the United States and the United Kingdom are underway. Survey results will be published and available in the first half of 2013. Rare diseases are conditions that affect a small portion of the population and are often chronic, progressive, degenerative, Iife-threatening and disabling.(1) While individual rare diseases are uncommon and disparate, collectively there are approximately 7,000 different types of rar... (more)

BlackLine Systems Ranks No. 119 on Deloitte's 2012 Technology Fast 500™ List of the Fastest Growing Companies in North America

LOS ANGELES, Nov. 20, 2012 /PRNewswire/ -- Financial software provider BlackLine Systems ranked No. 119 on Deloitte's 2012 Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.  The 2012 rankings are based on percentage fiscal year revenue growth from 2007 to 2011.  (Logo: BlackLine grew nearly 1,000 percent during this period under the direction of CEO and Founder Therese Tucker.  The company attributes its success to a constant focus on client satisfaction and increasing market demand for its SaaS (Software-as-a-Service) offering in the APAC (Asia-Pacific) and EMEA (Europe, Middle East and Africa) regions from organizations looking to improve and streamline their account reconciliation and financial close ... (more)

Covington Advises Grupo Financiero Banorte in $1.6 Billion Acquisition

NEW YORK, Nov. 28, 2012 /PRNewswire/ -- Covington & Burling is advising  Grupo Financiero Banorte S.A.B. de C.V., and its affiliate Afore XXI Banorte, S.A. de C.V., in a $1.6-billion acquisition of Afore Bancomer, S.A. de C.V. from the Spanish bank, Banco Bilbao Vizcaya Argentaria S.A., which would create Mexico's largest pension fund. (Logo: Afore Bancomer is Mexico's second largest pension fund, and Afore XXI is the fourth largest. Afore XXI, owned equally by Grupo Financiero Banorte and the Mexican Social Security Institute, would be acquiring Afore Bancomer. The transaction, which is expected to close during the first quarter of 2013, is subject to Mexican regulatory and antitrust approvals. The Covington team is led by Ruben Kraiem and Gabriel Mesa, with the assistance of Cecile Zwiebach. Robert Heller is a... (more)

Communications Workers of America Ratify Agreement Covering AT&T Wireline Employees in Southeast

DALLAS, Dec. 7, 2012 /PRNewswire/ -- AT&T* today announced that wireline employees represented by the Communications Workers of America have voted to ratify a three-year contract for the AT&T Southeast region.   The contract covers about 22,000 AT&T wireline employees in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee. AT&T wireline employees represented by the CWA earlier ratified, on Aug. 17, three-year contracts for the Midwest region and AT&T Corp. (CWA Telecommunications and Technology Office).  The ratified agreements collectively cover about 40,000 AT&T wireline employees.   *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. About AT&T AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most... (more)

AT&T Receives FCC Approval for Acquisition of NextWave Wireless, Other WCS Transactions; Approval Sets the Stage for WCS Spectrum for Mobile Broadband Use

AT&T announced today that the FCC has approved AT&T’s pending acquisition of NextWave Wireless and other pending WCS spectrum acquisitions. The FCC previously approved a joint proposal from AT&T and Sirius XM that permits deployment of mobile broadband service in the WCS band. “The long era of dispute and uncertainty surrounding the WCS spectrum band is finally over. With the Order released this week, AT&T will be able to complete acquisitions that will give it a path to robust commercial LTE deployment in the WCS band,” said Joan Marsh, AT&T vice president of Federal Regulatory. “We applaud the FCC Chairman and Commissioners for their commitment to fostering innovative spectrum solutions that unlock under-utilized spectrum bands to serve the growing demands of American consumers. Repositioning the WCS band for LTE deployment is a significant accomplishment which w... (more)

Atmel Showcases Next-Generation Touchscreens at 2013 CES

LAS VEGAS, Jan. 6, 2013 /PRNewswire/ -- CES Unveiled 2013 -- Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch technology solutions, today announced that Atmel® Corporation and Corning Incorporated (NYSE:GLW) are demonstrating Atmel XSense™ flexible sensor functionality on thin IT-sized and curved Corning Gorilla Glass form factors. These respective innovations will be showcased during the CES Unveiled and Digital Experience events. This work potentially enables innovative and cost-effective capacitive touch modules. Atmel's XSense flexible touch sensors will usher in a new era of user interface designs over a variety of sizes for consumer electronic displays. Notably, the flexible touch sensor allows capacitive touch to be wrapped around the side of a device, potentially eliminating the need for mechanical buttons that can wear-down when expo... (more)

IGT Urges Shareholders to Vote for IGT's Experienced Director Nominees

LAS VEGAS, Jan. 14, 2013 /PRNewswire/ -- The Board of Directors of International Game Technology (NYSE: IGT) ("IGT" or "the Company") today sent a letter to shareholders in connection with the Company's 2013 Annual Meeting of Shareholders. In the letter, the Board reviews IGT's track record of strong performance, value creation and commitment to corporate governance. The Board recommends that shareholders vote FOR IGT's eight highly qualified and experienced directors on the WHITE proxy card, and reject the three candidates nominated by Ader Investment Management LP, on behalf of former IGT Chairman and CEO Charles N. Mathewson. The full text of the IGT Board's letter is below. Dear Fellow Shareholders: Over the past three years, IGT's Board of Directors and management team have successfully charted a course for the Company that is both strategically and financial... (more)