RPX Corporation (Rational Patent EXchange) is an American provider of international risk management services for patents . The company was founded in March 2008, and is based in San Francisco . It was incorporated on July 15, 2008. By acquiring patents that pose potential problems and providing information on litigation, RPX seeks to reduce patent assertions directed at its clients.
10-416: RPX may refer to: RPX Corporation Roundup Airport IATA code Regal Premium Experience, a theater format by Regal Entertainment Group . Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title RPX . If an internal link led you here, you may wish to change the link to point directly to
20-479: A lawsuit against RPX, Microsoft , and NVIDIA in which Xockets accused the three companies of forming a buyers' cartel to negotiate below market rates for Xockets' patented DPU technology. Rockstar Consortium Rockstar Consortium Inc. , originally named Rockstar Bidco , is a consortium formed to negotiate licensing for patents acquired from the bankrupt multinational telecommunications and data networking equipment manufacturer Nortel . Members of
30-651: A percentage of future profits from Spherix after recovery of patent monetization costs and an initial priority return on investment to Spherix. In 2012, Business Insider listed Rockstar as number 3 on its list of the 8 most fearsome patent trolls in industry. Wired magazine notes that some call them a "straight-up patent troll". In October 2013, Rockstar had initiated legal action against eight companies, including Google , Huawei and Samsung , as well as other makers of Android phones including Asustek , HTC , LG Electronics , Pantech , and ZTE . In December 2013, Google initiated legal action against Rockstar, with
40-554: Is structured on an annual membership. Annual membership fees may increase each year to account for the growing value of the RPX portfolio, but early-joining members lock in a lower rate. Companies that join the RPX client network later receive the same benefits, but must pay the then-current rates. RPX provides data services as part of its membership. The RPX client portal provides data related to patents and patents available for sale, historical and current patent litigation and NPEs. however
50-756: The consortium are Apple Inc. , BlackBerry , Ericsson , Microsoft , and Sony . Rockstar is a patent holding non-practicing entity (NPE) and submitted the winning US$ 4.5 billion bid for the Nortel patents at a week-long auction held in New York in June 2011. Spherix Incorporated, a company founded by Gilbert Levin , has acquired four families of mobile communication patents from the Rockstar Consortium in exchange for initial consideration of up-front cash and Spherix common stock. Rockstar will also receive
60-708: The first nine months of 2010 RPX earned $ 10 million in profit on $ 65.2 million in revenue. RPX's revenue for the year 2016 was $ 333.1 million. RPX filed an S1 on January 21, 2011 and RPX began publicly trading on the Nasdaq exchange as "RPXC" in May 2011. RPX arranged a consortium to purchase 4,000 Nortel patents from the Rockstar Consortium in December 2014. In 2018, RPXC was acquired by private-equity firm HGGC . In September 2024, Xockets, Inc. filed
70-517: The intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=RPX&oldid=933098278 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages RPX Corporation RPX provides a defensive patent aggregation service to mitigate clients' risk of litigation from non-practicing entities (NPEs) – also called patent trolls – which acquire patents for
80-525: The patents in its portfolio. RPX's service is designed to mitigate members' litigation risk and costs from NPEs by purchasing patents and patent rights before patents are asserted, or to resolve an ongoing litigation. RPX clients receive a license to all of the patents and associated rights aggregated in the RPX portfolio. Over time, RPX clients receive perpetual license to the patents held when they became members or purchased after they joined, as well as any patents sold during their membership. The service
90-637: The product is available only to paying RPX members, and it has yet to be seen how the RPX portal compares to other services. In May 2014, to increase transparency, the company released RPX Search, a search engine that provides free public access to most of its data, independent of RPX membership. RPX was founded in 2008 by John Amster, Geoffrey Barker and Eran Zur. The company was initially financed by Kleiner Perkins Caufield & Byers , Charles River Ventures , and Index Ventures . In its first year, RPX generated $ 0.8 million revenue in that year. Revenue grew to $ 32.8 million in 2009, reaching profitability. In
100-468: The sole purpose of licensing and asserting their patent rights. RPX identifies and purchases patent assets they identify as of high value, relevance and risk that could be used offensively against members of the company's client network. Depending on the situation, RPX may acquire assets from a third party or directly from an NPE. When necessary and possible, RPX will buy patent rights out of an active litigation. RPX promises to never assert or litigate
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