About RPX (adapted from RPX prospectus):
RPX helps companies reduce patent-related risk and expense. They provide 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. As of December 31, 2010, they had a client network of 70 members.
The core of RPX's solution is defensive patent aggregation, in which they acquire patents or licenses to patents, (patent assets) that are being or may be asserted against their current and prospective clients. RPX then licenses these patent assets to their clients to protect them from potential patent infringement assertions. RPX also provides their clients access to their proprietary patent market intelligence and data. As of December 31, 2010, RPX had deployed over $250 million to acquire patent assets.
RPX's business model aligns their interests with those of their clients. RPX says that they have not and will not assert their patents. Their clients include companies that make or sell technology-based products and services as well as companies that use technology in their businesses. Their client network consists of companies of all sizes, including Cisco Systems, Inc., Google Inc., Nokia Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., SAP AG, Sharp Corporation, Sony Corporation and Verizon Communications Inc.
Since their inception in July 2008, their revenue has grown rapidly, from $0.8 million in 2008 to $32.8 million in 2009 and $65.2 million in the first nine months of 2010. RPX attained profitability in 2009, their first full fiscal year of operations. Their net income increased from a net loss of $5.2 million in 2008 to net income of $1.9 million in 2009 and $10.0 million in the first nine months of 2010.
This description is adapted from RPX prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus.. 
