RPX Corp (RPXC) Reduces Technology Intellectual Property Legal Costs

April 3, 2013

RPX Corp (RPXC) acts as the middle man between technology intellectual property aggregators and larger-cap technology equipment manufacturers and software developers, lowering legal fees for all parties involved, says Brian Frank, President of Frank Capital Partners LLC.

“[An] example of a small-cap technology company that we love is RPX Corp., and the ticker symbol is RPXC. Not a very inventive name, but what we like about them is, again, it’s a very stable business. So this is a company that’s trying to be a peacemaker, I would say, between the ‘patent troll,’ meaning the intellectual property aggregators that pretty much just buy up a lot of I.P. and sue the large-cap technology companies. So RPX kind of goes in the middle,” Frank said.

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Frank says RPXC‘s way of reducing legal fees has gained the company business with the large-cap technology companies, and this company makes for simpler, more streamlined legal proceedings thanks to its large client base.

“They have the large-cap technology companies as their client base, they get a very stable fee from those companies and they try and deal with the companies that own the intellectual property. Instead of the I.P. companies having a bunch of lawsuits going on, they can deal with RPXC, which represents 120 clients. This cuts down on legal fees for both sides. Pretty much the only people that lose are the lawyers, and who doesn’t like to hurt lawyers?,” Frank said.