Rockstar Consortium

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Rockstar Consortium Inc.
Industry Patent monetization
Key people
Products
Website www.ip-rockstar.com

Rockstar Consortium Inc., originally named Rockstar Bidco,[1] is a consortium formed to negotiate licensing for patents acquired from bankrupt Nortel.[2][3] Members of the consortium are Apple, Inc., BlackBerry, Ericsson, Microsoft, and Sony.[4] 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.[5]

Spherix Incorporated, a company originally 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.[6] Rockstar will also receive 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.[7] Wired magazine notes that some call them a "straight-up patent troll".[8]

In October 2013, Rockstar had initiated legal action against eight companies,[9] including Google, Huawei and Samsung,[10] as well as other makers of Android phones including Asustek, HTC, LG Electronics, Pantech, and ZTE.[11]

In December 2013, Google initiated legal action against Rockstar, with a countersuit filed in San Jose, California.[12]

See also[edit]

Notes[edit]

  1. ^ McMillan, Robert (May 21, 2012). "How Apple and Microsoft Armed 4,000 Patent Warheads". Retrieved November 1, 2013. 
  2. ^ "Rockstar Consortium Launches Patent Attacks". 
  3. ^ Hill, Bert (April 18, 2012). "Transforming Nortel’s patents into gold: Rockstar Consortium sets up shop in Kanata". Ottawa Citizen. p. D1. Retrieved May 30, 2012. 
  4. ^ "ROCKSTAR CONSORTIUM RECEIVES GREEN LIGHT FROM DEPARTMET OF JUSTICE". 
  5. ^ "Star Man". Retrieved September 8, 2013. 
  6. ^ "SPHERIX CLOSES ROCKSTAR PATENT ACQUISITION TRANSACTION". Retrieved September 8, 2013. 
  7. ^ "Tech's 8 Most Fearsome 'Patent Trolls'". 2012-11-25. Retrieved 2013-12-20. 
  8. ^ "How Apple and Microsoft Armed 4,000 Patent Warheads". 2012-05-21. Retrieved 2013-12-20. 
  9. ^ "New Patent cases involving Rockstar". Docket Alarm, Inc. Retrieved November 18, 2013. 
  10. ^ Levine, Dan (October 31, 2013). "Google, Samsung, Huawei sued over Nortel patents". Reuters. 
  11. ^ Mullin, Joe (November 1, 2013). "Patent war goes nuclear: Microsoft, Apple-owned “Rockstar” sues Google". Ars Technica. 
  12. ^ Michelle Meyers (26 December 2013). "Google fights back against Rockstar patent group". CNET.