Tag Archives: IntellectualVentures

Satellite startup Kymeta announces $50 million in funding from Bill Gates and other backers

Posted on by

DNP Satellite startup Kymeta announces $50 million in funding from Bill Gates, other backers

It's been nearly a year since Intellectual Ventures announced its satellite communications spinoff Kymeta, but a recent round of funding from heavyweight backers is about to give the company some serious momentum. In a press release today, Kymeta announced $50 million in Series C financing from Bill Gates, Liberty Global and Lux Capital, among other high-profile investors. The company, which is developing a portable satellite broadband receiver under the mTenna brand, currently counts Gates among its board members. Though its products have yet to hit the market, Kymeta's A-list backing has generated significant interest in its tech, which utilizes metamaterials to deliver stronger broadband signals in a more affordable, energy-efficient package. The company is already in talks with several service providers, and this latest influx of cash should only help expedite development agreements and a commercial launch.

Filed under:

Comments

Via: GeekWire

Source: Kymeta

Kodak closes its digital imaging patent sale, settles disputes

Posted on by

Kodak closes its digital imaging patent sale

Kodak has had many scary moments in its recent history, not the least of which was wondering whether or not it could sell digital imaging patents to help escape bankruptcy. It's putting some of that trauma to rest now that it has officially closed the recently approved sale. The $527 million deal shares 1,100 patents with a complex web of companies, including Apple and Google, operating under alliances led by Intellectual Ventures and RPX. The buyers intend to use the patents as defenses against imaging-related lawsuits, and they've agreed to settle any remaining legal entanglements with Kodak in the process. Kodak still stands to gain the most from the deal, however: the cash helps repay a large chunk of a key loan, and it reassures the potential financiers that the company needs to leave bankruptcy by mid-2013. We still won't get back the Kodak we once knew, but the name will at least soldier on.

Filed under: , ,

Comments

Intellectual Ventures launches Kymeta spinoff, promises slim satellite broadband hotspots

Posted on by

Intellectual Ventures launches Kymeta spinoff, promises satellite broadband hotspots

Intellectual Ventures is best known for its tendency to sue everyone, but it's going some distance to mend that bruised image through a newly spun out company, Kymeta. The startup hopes to improve the quality of satellite broadband through mTenna-branded, Ka-band hotspots made from metamaterials -- substances that can boost and manipulate a satellite signal while occupying virtually no space, leading to self-pointing transceivers that are just a fraction of the size of what we use today. That still amounts to equipment the size of a laptop running at a peak 5Mbps, although it's small enough that Kymeta sees hotspots reaching individual customers who want access from a boat, a car or the field. We'd just advise against tossing out the MiFi too quickly. Kymeta doesn't expect the hotspot to be ready before late 2014 at the earliest, and that leaves many questions about how much of a hit we'll take to the pocketbook.

Filed under: ,

Intellectual Ventures launches Kymeta spinoff, promises slim satellite broadband hotspots originally appeared on Engadget on Tue, 21 Aug 2012 17:29:00 EDT. Please see our terms for use of feeds.

Permalink GeekWire, Techmeme  |  sourceKymeta  | Email this | Comments

WSJ: Apple, Google reportedly in rival groups to buy Kodak patents

Posted on by

Kodachrome 200 film box

Kodak might be cleared to sell its patents, but it's likely no fan of the companies lined up to make a deal. The Wall Street Journal's best friends, "people familiar with the matter," assert that Apple and Google are part of separate coalitions hoping to buy the 1,100 patents up for grabs. Apple's camp supposedly includes Microsoft and controversial patent holder Intellectual Ventures; Google's team reads more like an Android Justice League, with HTC, LG, Samsung and "patent risk solutions" provider RPX all playing a part. Real or not, there's still much that's up in the air. Kodak's not talking, and even the touted insiders warn both of new challengers and allegiances that could be in flux over the next few days. If there's meat on this rumor bone, however, it could make the August 8th auction another patent war spectacle rather than a mere ticket back to solvency for Kodak. Break out the popcorn.

[Image credit: Pittaya Sroilong, Flickr]

Filed under: ,

WSJ: Apple, Google reportedly in rival groups to buy Kodak patents originally appeared on Engadget on Fri, 27 Jul 2012 17:58:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceWall Street Journal  | Email this | Comments

Intellectual Ventures’ Nathan Myhrvold defends patent trolling, calls tech industry immature

Posted on by

Intellectual Ventures' Nathan Mhyrvold

Intellectual Ventures' CEO and founder Nathan Myhrvold, who previously spent some 14 years at Microsoft Research, took the stage here at D10, and as predicted, his interview with Walt Mossberg was quite the invigorating one. You may know the man and his company for its vicious patent trolling -- or, what appears to be patent trolling. In essence, a lot of its business comes from acquiring patent portfolios, and then licensing and / or suing companies to "enforce" them. Naturally, Nathan has a radically different perspective than most sane individuals on the matter, insisting that the system isn't necessarily broken, and that "making money from enforcing patents is no more wrong than investing in preferred stock."

The talk centered predominantly around how Intellectual Ventures operates, what it does, and if its CEO feels that the "rat's nest of lawsuits" -- as Walt put it -- was getting out of control. Despite saying that his company has hundreds of people working on new inventions to help deliver medicines in Africa (in response to a question from the crowd on whether his outfit was truly helping people), he confessed that suing to enforce patents was simply another method of capitalism working. Care to take a ride on the crazy train? Head on past the break for a few choice quotes from the interview.

Continue reading Intellectual Ventures' Nathan Myhrvold defends patent trolling, calls tech industry immature

Intellectual Ventures' Nathan Myhrvold defends patent trolling, calls tech industry immature originally appeared on Engadget on Wed, 30 May 2012 14:33:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

NVIDIA, Intellectual Ventures partner to acquire 4G patents from IPWireless

Posted on by

ImageIt's hard to read the word 'patent' and not leap immediately to 'infringement,' given the tech industry's recent track record. But in this rare case, access to that oft-contested IP is being spread like love -- very expensive love. Under the terms of a joint agreement, NVIDIA and Intellectual Ventures have acquired nearly 500 patents from IPWireless, some of which pertain to essential tech for LTE, LTE-Advanced and 3G / 4G, bolstering the duo's inroads into the mobile space. Though the exact financials weren't disclosed, IPWireless will retain the right to utilize that portfolio royalty-free for as long as it chooses, while NVIDIA will have to license whatever patents it didn't acquire from its partner. With official word of LTE Tegra 3 chips being pushed off into 2013, this latest business handshake's paving the way for an uncontested market debut. Check out the official PR after the break.

Continue reading NVIDIA, Intellectual Ventures partner to acquire 4G patents from IPWireless

NVIDIA, Intellectual Ventures partner to acquire 4G patents from IPWireless originally appeared on Engadget on Mon, 14 May 2012 13:43:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments