RPX: Patent Risk Management
RPX Corporation is based in San Francisco, California. It was founded by CEO John A. Amster, Geoffrey T. Barker and Eran Zur on July 15, 2008. The company offers patent risk management solutions in the United States, Japan, and internationally. RPX provides subscription-based patent risk management solution that facilitates exchanges of value between owners and users of patents.
It provides a defensive patent aggregation in which it acquires patent assets to offer clients with licenses to protect them from patent infringement assertions. It also provides insurance services to small and medium-sized businesses to cover certain costs of NPE patent litigation. RPX also provides its clients with access to proprietary patent market intelligence and date. Its clients include companies that design, make or sell technology-based products and services as well as companies that use technology in their business.
The company had introduced efficiency to the patent market by providing rational alternative to patent ligations. Now companies have an alternative to protecting themselves from any patent related issues rather than finding out through a complaint or lawsuit.