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Profile: RPX Corp (RPXC.O)

RPXC.O on Nasdaq

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26 Apr 2017
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RPX Corporation, incorporated on July 15, 2008, is engaged in providing an alternative to litigation through its patent risk management services. The Company helps companies reduce patent litigation risk and corporate legal expense through two primary service offerings: patent risk management services and discovery services. The Company operates through two segments: patent risk management and discovery services. Its patent risk management segment generates its revenues from membership subscriptions, premiums earned from insurance policies, and management fees for marketing, underwriting, and claim management. Its discovery services segment generates its revenues from fees generated for data collection, hosting and processing, project management, and document review services.

Patent Risk Management Services

The Company's patent risk management services reduce transaction costs incurred by owners of patents and prospective licensees of those patents compared to transactions driven by actual or threatened litigation. The core of this service is defensive patent aggregation, in which it acquires patents or licenses to patents that are being or may be asserted by patent owners against its clients. When it acquires patent assets, it generally provides to its clients non-exclusive sub-licenses to those patent assets. As a part of its patent risk management services, it provides patent market intelligence and data to its clients. Clients can access this market intelligence and data through its Web portal and through discussions with its client relations team. This market intelligence and data helps its clients understand past and potential patent acquisition transactions, relevant litigation activity and key participants and trends in the patent market. It offers patent litigation insurance that covers certain costs associated with patent infringement lawsuits. Its insurance product helps policyholders manage and cap their risk of patent litigation. It is responsible for claims management and provides pre-litigation support to its policyholders based on its patent market data, which helps them manage their patent.

Discovery Services

The Company's discovery services offering helps clients manage the costs and risks related to the legal discovery process through the use of technology and a managed services model. Its approach is designed to streamline the administration of litigation matters, internal and external investigations, regulatory compliance, and other matters by offering a range of technology-enabled services, including document collection and processing, document review, document production and project management. Its discovery services clients include corporations and law firms. The Company offers services to its clients, including Data Collection and Forensics; Data Processing and Analytics; Data Hosting; Project Management; Production, and Document Review Services. The Company acquires patent assets from various parties, including operating companies, individual inventors, non-practicing entities (NPEs), universities and bankruptcy trustees. Clients can access this market intelligence and data through its Web portal and through discussions with its client relations team.

The Company serves clients in a range of industries, including consumer electronics, personal computers, e-commerce, financial services, software, media content and distribution, mobile communications and handsets, networking and semiconductors. The Company offers multiple collection platforms and techniques aimed at harvesting relevant data. The Company offers data filtering techniques and processing services using various third-party software, data analytics and technology assisted review. It offers data production capacity and printing, copying and scanning services. It utilizes a variable workforce model to manage and staff the activities required to review document collections in legal matters. These tasks include sourcing qualified legal professionals for project-based work, developing review protocols and quality control procedures, and providing guidance to outside counsel throughout the various stages of the discovery process. It operates data centers domestically and internationally that provide access to its software environment and client databases.

The Company competes with Wi-LAN, Acacia Research, PanOptis, DTI Global, KrolLDiscovery, Consilio and FTI Consulting.

Company Address

RPX Corp

1 Market Plz
SAN FRANCISCO   CA   94105-1101
P: +1866.7797641
F: +1302.5313150

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