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.

http://finance.yahoo.com/news/interdigitals-innovation-partners-teams-vtt-060000416.html

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.

http://finance.yahoo.com/news/rambus-micron-sign-license-agreement-014400560.html

http://www.streetinsider.com/Analyst+Comments/Jefferies+Starts+Rambus+Inc.+(RMBS)+at+Buy,+$13+PT/8962655.html

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:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9652945-1007-532067&type=sect&TabIndex=2&companyid=5969&ppu=%252fdefault.aspx%253fcik%253d12239

http://seekingalpha.com/article/1683792-spherix-more-information-known-a-pae-to-invest-in

http://seekingalpha.com/article/1555102-patent-investing-for-the-second-half-of-2013-part-ii

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...

    ReplyDelete