RPX Corporation Completes Purchase of Rockstar Patents
February 3, 2015
RPX Corporation (NASDAQ: RPXC) today announced that its subsidiary, RPX Clearinghouse LLC, has completed its purchase of the patent assets of Rockstar Consortium LLC following the expiration of the Hart-Scott-Rodino Act waiting period. A syndicate of over 30 companies have received non-exclusive licenses to the Rockstar patents, and RPX Clearinghouse will make the patents available for license to all other interested companies under fair, reasonable, and non-discriminatory (FRAND) terms. As a result of the closing, eight litigations against 16 companies will be dismissed, including cases against Cisco and Google.
As a result of the above purchase, Rockstar will conclude its operations.
Inquires may be addressed to the following:
Labarge Weinstein LLP
515 Legget Drive
Attention: Michael Dunleavy