Monday, January 6, 2014

1/6/2014 PIPCO Pre-Market News

Acacia (ACTG) announced they have entered into an agreement with Smith & Nephew Inc.

http://finance.yahoo.com/news/acacia-subsidiary-enters-agreement-smith-110000157.html

Crossroads (CRDS) filed an S-8 to register 250,000 shares as part of their 2010 Equity Incentive Plan

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9693969-843-24959&type=sect&TabIndex=2&companyid=1349&ppu=%252fdefault.aspx%253fcik%253d1093207

Inventergy Inc (EONC) announced they acquired 500 patents from Panasonic Corp related to 3G and 4G technologies.

http://finance.yahoo.com/news/inventergy-inc-quadruples-telecommunications-patent-135500800.html

On Track Innovations (OTIV) announced they appointed Dimitrios Angelis as CEO of OTI America and Jerry Ivy to the board of directors.

http://finance.yahoo.com/news/oti-appoints-chairman-board-dimitrios-133000947.html

Rambus (RMBS) signed a 10 year licensing agreement with Samsung.  The first 5 years will pay a fixed quarterly royalty of $15M.  The remaining 5 years are variable and will adjust to market related conditions.

http://finance.yahoo.com/news/rambus-signs-comprehensive-agreement-samsung-020000110.html

Vringo (VRNG) announced that supplemental damages and interest was ruled on in Virginia in their case against Google.  The total was $17.32M.  It also confirmed the 20.9% revenue base.  I will have a full analysis later today.

http://finance.yahoo.com/news/vringo-announces-u-district-court-134601379.html

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