Profile: Spherix Inc (SPEX.OQ)
19 Dec 2014
Spherix Incorporated (Spherix), incorporated on May 1, 1992, is an intellectual property company that owns patented and unpatented intellectual property. Through its acquisition of seven patents from Rockstar Consortium US, LP (Rockstar) and acquisition of several hundred patents issued to Harris Corporation as a result of its acquisition of North South, the Company has expanded its activities in wireless communications and telecommunication sectors including antenna technology, wireless fidelity (Wi-Fi), base station functionality, and cellular. On September 10, 2013, Spherix Incorporated closed on the acquisition of North South Holdings Inc.
The Company’s activities generally include the acquisition and development of patents through internal or external research and development. In addition, the Company seeks to acquire existing rights to intellectual property through the acquisition of already issued patents and pending patent applications, both in the United States and abroad. The Company acquires intellectual property (IP) from patent holders in order to maximize the value of their patent holdings by conducting and managing a licensing campaign. They can include individual inventors, large corporations, universities, research laboratories and hospitals.
The Company competes with Vringo, Inc., VirnetX Holding Corp, Acacia Research Corporation and RPX Corporation.
#503, 6430 ROCKLEDGE DRIVE
BETHESDA MD 20817