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Mindspeed Gets $5.3M In Patent Sale

socalTECH

Newport Beach-based semiconductor firm Mindspeed Technologies announced today that it has sold of a portfolio of legacy patents, for $5.3M. Specific details on the sale and the buyer of the patents was not disclosed by the company. The firm said the new sale comes on top of a previously announced, $10.0M READ MORE>>.

Patents 153
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Glaukos Settles Patent Suit

socalTECH

Laguna Hills-based medical device maker Glaukos said this morning that it has entered into a settlement of a patent lawsuit with Transcend Medical. According to the company, it has agreed not to sue Transcend for patent infringement related to Transcend's CyPass Micro-Stent devices.

Patents 100
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How much do you spend on R&D? Is it enough?

Berkonomics

Should be an easy fix for companies making annual net profit. Companies that are successful with their first product must begin thinking about the costs of additional products or of that product’s replacement well before any evidence of a peak in sales is noticed. Not so much, as our rear view mirror makes obvious. The R&D “tax”.

.Net 120
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A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit.

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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. From time to time, include customers and sales members in ideation sessions. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Net result and reward.

Coach 137
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10 Business Model Components Required In Every Plan

Startup Professionals Musings

The value proposition must clearly define the target customer, the customer’s problem and pain, your unique solution, and the net benefit of this solution from the customer's perspective. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 102
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10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. From time to time, include customers and sales members in ideation sessions. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Net result and reward.

Coach 144