What does rpx corporation mean?
Definitions for rpx corporation
rpx corpora·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word rpx corporation.
Wikidata
RPX Corporation
RPX Corporation is a provider of patent risk management services, offering defensive buying, acquisition syndication, patent intelligence and advisory services. Since the company was founded in March, 2008, RPX claims to have introduced efficiency to the patent market by providing a rational alternative to litigation. Based in San Francisco, RPX's approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents that pose potential problems and providing valuable intelligence to its clients, RPX seeks to reduce patent assertions directed at its growing client network. An important component of RPX's market-based solution to the patent litigation problem is its Defensive Patent Aggregation. The RPX defensive patent aggregation service was created to mitigate clients’ risk of litigation from non-practicing entities – also called patent trolls – which acquire patents for the sole purpose of licensing and asserting their patent rights. RPX identifies and purchases patent assets they identify as of high value, relevance and risk that could be used offensively against members of the company's client network. Depending on the situation, RPX may acquire assets from a third party or directly from an NPE. When necessary and possible, RPX will buy patent rights out of an active litigation.
CrunchBase
RPX Corporation
RPX Corporation (NASDAQ: RPXC) is a leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services, and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents, RPX helps to mitigate and manage patent risk for its growing client network. Clients pay annual fees ranging from $60,000 to $6.6 million depending on company size, and automatically receive rights to the entire RPX patent portfolio.As of September 30, 2012, RPX had invested over $500 million to acquire more than 2,950 US and international patent assets and rights, and had a client network of 128 members active in seven key sectors: consumer electronics and PCs, E-commerce and software, financial services, media content and distribution, mobile communications and devices, networking, and semiconductors. RPX promises it will never assert patents or patent rights in its portfolio.
Numerology
Chaldean Numerology
The numerical value of rpx corporation in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of rpx corporation in Pythagorean Numerology is: 4
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"rpx corporation." Definitions.net. STANDS4 LLC, 2024. Web. 24 Dec. 2024. <https://www.definitions.net/definition/rpx+corporation>.
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