SAN FRANCISCO, July 7, 2017 /PRNewswire/ -- RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk and discovery management solutions, today announced that yesterday, the Patent Trial and Appeal Board invalidated all instituted claims on all grounds in a final written decision in an inter partes review filed by RPX against a patent owned by Rothschild Connected Devices Innovations, LLC (RCDI).

RCDI asserted the patent at issue in a litigation campaign brought in the Eastern District of Texas that has targeted more than 65 defendants operating in sectors including automotive, energy, and home automation.

The invalidated patent is US 8,788,090 and the proceeding is IPR2016-00443.

To date, RPX has filed 40 petitions for inter partes review and has a ~95% merits-based institution rate.

ABOUT RPX

RPX Corporation (NASDAQ: RPXC) is the leading provider of patent risk and discovery management solutions. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents and patent rights, RPX helps to mitigate and manage patent risk for its growing client network.

As of March 31, 2017, RPX had invested over $2 billion to acquire more than 17,500 US and international patent assets and rights on behalf of over 300 clients in eight key sectors: automotive, consumer electronics and PCs, E-commerce and software, financial services, media content and distribution, mobile communications and devices, networking, and semiconductors.

RPX subsidiary Inventus is a leading international discovery management provider focused on reducing the costs and risks associated with the discovery process through the effective use of technology solutions. Inventus has been providing litigation support services to corporate legal departments, law firms and government agencies since 1991.

Media Contact:
Jen Costa
RPX Corporation
+1.415.852.3180
media@rpxcorp.com

Investor Relations Contact:
JoAnn Horne
Market Street Partners
+1.415.445.3233
ir@rpxcorp.com

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SOURCE RPX Corporation