RPX Corp was incorporated on July 15, 2008 in the state of Delaware. It helps companies reduce patent-related risk and expense by providing a subscription-based patent risk management solution that facilitates more efficient exchanges of value between owners and users of patents compared to transactions driven by actual or threatened litigation. The core of its solution is defensive patent aggregation, in which it acquires patent assets that are being or may be asserted against current or prospective clients. It then licenses these patent assets to the clients to protect them from potential patent infringement assertions. It also provides clients access to the proprietary patent market intelligence and data. Its clients include companies that design, make or sell technology-based products and services as well as companies that use technology in their businesses. Its registered trademarks include RPX and Rational Patent. Its competitors in the market for patent assets are other entities that seek to accumulate patent assets, including NPEs such as Acacia Research, Intellectual Ventures, IP Navigation, and Marathon Patent Group. It also faces competition for patent assets from operating companies, including current or potential clients of RPX, that seek to acquire patents or license patent assets in connection with new or existing product offerings.
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