Tuesday, December 10, 2013

12/10/2013 PIPCO Pre-Market News

Interdigital (Nasdaq: IDCC) announced a partnership with VTT Tech Research of Finland with a focus on "user-centric context aware" research for the mobile ecosystem.


Rambus (Nasdaq: RMBS) settled their patent and anti-trust cases with Micron late last night.  The agreement calls for quarterly payments over the next 7 years capped at $10M per quarter.  Jefferies started RMBS at a buy with a $13 price target.



Spherix (Nasdaq: SPEX) filed a S-1 to register 2.3M shares for selling stockholders related to the Series D convertible notes issued in connection with the North South patent acquisition.  I wrote about this transaction and Spherix earlier this year:




1 comment:

  1. Really loving these morning notes. Please keep up the good DD.
    I would have made a nice quick trade on RMBS this AM had I woke up earlier...