RPX Corporation
Information by Research TrustFinance
Founded in 2008, RPX Corporation (Rational Patent Exchange) provides a subscription-based, defensive patent aggregation service to mitigate the risk of patent assertion and litigation for its clients, which primarily consist of technology companies. The company's core mission is to offer a market-based solution to the challenges posed by non-practicing entities (NPEs), often referred to as "patent trolls." RPX proactively acquires potentially problematic patents and licenses them to its members, thereby preventing costly litigation. In addition to patent aggregation, RPX offers patent litigation insurance and advanced discovery services for legal and compliance matters. The company was publicly traded on the NASDAQ until it was acquired and taken private by private equity firm HGGC in 2018.
United States
Industry
- Legal ServicePRIMARY
- Other Service
Financial