Home > techcrunch > Patent Risk Advisory Firm RPX Files For An IPO

Patent Risk Advisory Firm RPX Files For An IPO

January 24th, 2011 01:09 admin Leave a comment Go to comments

Defensive patent aggregator RPX filed an S-1 form with the SEC  on Friday, stating its intention to go public. According to the form, RPX is looking to sell up to $100 million of its shares in an IPO underwritten by Goldman Sachs, Barclays, Allen & Company LLC and others.

Founded by John Amster and Geoffrey Barker, RPX only launched two years ago but it revenues are through the roof at $10 million in profit on $65.2 million in net for the first nine months of 2010.  It says something about how broken the patent system is that there is so much demand for this sort of patent troll insurance.

Source: Patent Risk Advisory Firm RPX Files For An IPO

Related Articles:

  1. FOSS Communities Key To Managing Patent Risk
  2. IBM Files the Patent Troll Patent
  3. Yahoo Files Patent Infringement Suit Against Facebook
  4. Patent System Not Broken, Argues IBM’s Chief Patent Counsel
  5. Synolocker 0-Day Ransomware Puts NAS Files At Risk
blog comments powered by Disqus