Novatel Wireless, Inc. is a Delaware-incorporated wireless technology company founded in April 1996 and headquartered in San Diego, California (Sorrento Mesa). It was publicly traded on Nasdaq under the ticker MIFI. In November 2016 it completed an internal holding-company reorganization: Novatel Wireless, Inc. became a subsidiary of newly formed Inseego Corp. (Nasdaq: INSG), which replaced it as the public entity; shareholders exchanged one-for-one. Novatel Wireless is therefore now a subsidiary within Inseego rather than an independent public company. Publicly filed figures put third-quarter 2016 revenue at about $60.9 million; company statements projected roughly $90 million in annualized revenue for the retained business after a planned divestiture.
Products / operations. Novatel Wireless built wireless broadband hardware: PC card and USB modems, embedded modules (Enfora, acquired 2010), and its best-known line, the MiFi compact mobile hotspot. It later expanded into IoT services — Ctrack fleet-management and vehicle telematics and Feeney Wireless connectivity solutions (both acquired 2015) — and business connectivity/device-management services. In September 2016 it agreed to sell the MiFi mobile broadband business to T.C.L. Industries Holdings (H.K.) for $50 million; the deal stalled in CFIUS review and was terminated in June 2017. Novatel Wireless is an operating company, not a patent-assertion entity.
Patent-litigation posture. It is a pure defendant in the tracked data: 0 cases as plaintiff, 2 as defendant, both in the U.S. International Trade Commission. This is the profile of an operating company targeted by an outside patent holder rather than a two-way litigant.
Notable cases. Both tracked entries are Technology Properties Limited LLC et al. v. Acer Inc. et al. (July 2012) — the Section 337 complaint (investigation 337-TA-853) filed by Technology Properties Limited, Patriot Scientific, and Phoenix Digital Solutions, which RPX characterizes as NPEs. The complainants asserted the "Moore Microprocessor Patent" portfolio, including U.S. Patent 5,809,336 on variable-speed microprocessor clocking, against 13 respondents' smartphones, tablets, hotspots and modems, naming Novatel Wireless among them. Parallel Northern District of California suits were filed. The specific outcome for Novatel Wireless was not verified here.