RPX Completes Transaction with Boston University

RPX Clears Significant Patent Risk for Clients

RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk management solutions, announced that it has completed a licensing transaction with Boston University to acquire sub-license rights to patents used in optoelectronic devices such as blue LEDs and laser diodes. This transaction eliminates RPX clients’ exposure to a broad-based litigation campaign and will result in the dismissal of 25 companies from litigation with Boston University. The University’s case against defendants that are not RPX clients is ongoing. RPX also acquired option rights to grant sublicenses under the patents to certain prospective clients.

“This transaction eliminated patent risk across a long value chain for our clients in semiconductors, components, computing, and consumer electronics,” said John A. Amster, Chief Executive and Co-founder of RPX Corporation. “It is a good case study for why we started RPX and how we leverage our client expertise to continue to save millions in legal fees benefitting everyone involved.”

With more than a 400% increase in semiconductor defendants targeted in patent suits from 2006 to 2013, RPX research finds that patent holders are increasingly targeting technologies deployed by semiconductor companies. Blue LEDs are increasingly used in backlighting of consumer electronic products such as monitors, laptops, tablets, smartphones and televisions, and other lighting. The patent risks associated with these technologies have increased along with this growth.