Patent 7826350
Assignment history
Inventors, original assignee, and the chain of ownership recorded with the USPTO — including the correspondent attorney who recorded each assignment, since shell-LLC chains often share one repeat-player attorney even when the entity names look unrelated. Surfaces NPE / patent-troll patterns: shell-entity transfers, known asserters in the chain, repeat correspondent fingerprints, pre-litigation assignments, and bankruptcy fire-sales.
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Ownership chain (10)
Asserters network →Structured records extracted from the assignment-history narrative below. Each entity links to its full ownership-network profile.
2007-05-11 · reel 019685/0733 · ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS)
MARTI, FELIX A.; EIRIKSSON, ASGEIR THOR; MICHAILIDIS, DIMITRIOS; NOUREDDINE, WAELCHELSIO COMMUNICATIONS, INC.
Correspondent: · BEYER WEAVER & THOMAS
Original assignment of inventor rights to the founding corporate entity.
2013-04-29 · recorded 2013-05-09 · reel 030068/0805 · SECURITY AGREEMENT
CHELSIO COMMUNICATIONS, INC.EAST WEST BANK
Security interest granted to East West Bank.
2014-10-14 · recorded 2014-10-21 · reel 033333/0859 · RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
EAST WEST BANKCHELSIO COMMUNICATIONS, INC.
Correspondent: Michael T. Novirian · K&L GATES
Release of security interest from East West Bank to Chelsio Communications, Inc.
2014-10-14 · recorded 2014-10-21 · reel 033333/0861 · SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
CHELSIO COMMUNICATIONS, INC.SILICON VALLEY BANK
Correspondent: Michael T. Novirian · K&L GATES
New security interest granted to Silicon Valley Bank.
2016-07-01 · recorded 2016-07-15 · reel 037989/0984 · RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
EAST WEST BANKCHELSIO COMMUNICATIONS, INC.
Correspondent: Dennis K. Chung · K&L GATES
Another release of security interest from East West Bank to Chelsio Communications, Inc.
2016-07-28 · recorded 2016-07-29 · reel 038096/0200 · SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
CHELSIO COMMUNICATIONS, INC.NOVIRIAN CAPITAL
Correspondent: · K&L GATES
New security interest granted to Novirian Capital.
2017-04-20 · recorded 2017-04-25 · reel 040715/0746 · RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
NOVIRIAN CAPITALCHELSIO COMMUNICATIONS, INC.
Correspondent: · K&L GATES
Release of security interest from Novirian Capital to Chelsio Communications, Inc.
2019-08-14 · reel 046340/0396 · SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
CHELSIO COMMUNICATIONS, INC.WESTERN ALLIANCE BANK, AN ARIZONA CORPORATION
New security interest granted to Western Alliance Bank.
2019-08-14 · recorded 2019-08-15 · reel 046341/0080 · CORRECTIVE ASSIGNMENT (TO CORRECT THE THE FIRST PAGE OF THE INTELLECTUAL PROPERTY SECURITY AGREEMENT HAS AN INCORRECT DATE THAT NEEDS TO BE CORRECTED PREVIOUSLY RECORDED ON REEL 050050 FRAME 0396. ASSIGNOR(S) HEREBY CONFIRMS THE SECURITY INTEREST.)
CHELSIO COMMUNICATIONS, INC.WESTERN ALLIANCE BANK, AN ARIZONA CORPORATION
Corrective assignment related to the security interest with Western Alliance Bank.
2025-12-11 · recorded 2025-12-18 · reel 055171/0871 · RELEASE OF SECURITY INTEREST
WESTERN ALLIANCE BANK, AN ARIZONA CORPORATIONCHELSIO COMMUNICATIONS, INC.
Release of security interest from Western Alliance Bank to Chelsio Communications, Inc.
Assignment history
Inventors, original assignee, and the chain of ownership recorded with the USPTO — including the correspondent attorney who recorded each assignment, since shell-LLC chains often share one repeat-player attorney even when the entity names look unrelated. Surfaces NPE / patent-troll patterns: shell-entity transfers, known asserters in the chain, repeat correspondent fingerprints, pre-litigation assignments, and bankruptcy fire-sales.
Inventors
- Dimitrios Michailidis: Employed by Chelsio Communications Inc. at the time of filing.
- Wael Noureddine: Employed by Chelsio Communications Inc. at the time of filing.
- Felix A. Marti: Employed by Chelsio Communications Inc. at the time of filing.
- Asgeir Thor Eiriksson: Employed by Chelsio Communications Inc. at the time of filing.
All named inventors were employed by the original assignee, Chelsio Communications Inc., at the time the application was filed.
Original assignee
Chelsio Communications Inc. is the entity named on the issued patent. Chelsio Communications Inc. is primarily in the business of designing and marketing high-performance Ethernet network adapters (NICs), including those with TCP Offload Engine (TOE) capabilities, which embody the claims of US 7,826,350 concerning intelligent network adaptors and direct data placement schemes. As of the current date, Chelsio Communications Inc. is an active, operating company.
Assignment timeline
2007-05-11 (executed) / recorded 2007-05-11 — Reel 019685/0733
- Conveyance: ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS)
- Assignor: MARTI, FELIX A.; EIRIKSSON, ASGEIR THOR; MICHAILIDIS, DIMITRIOS; NOUREDDINE, WAEL
- Assignee: CHELSIO COMMUNICATIONS, INC.
- Correspondent: BEYER WEAVER & THOMAS, LLP, P.O. BOX 70250, OAKLAND, CA 94612-0250
- Context: Original assignment of inventor rights to the founding corporate entity.
2013-04-29 (executed) / recorded 2013-05-09 — Reel 030068/0805
- Conveyance: SECURITY AGREEMENT
- Assignor: CHELSIO COMMUNICATIONS, INC.
- Assignee: EAST WEST BANK
- Correspondent: EAST WEST BANK, LEGAL SERVICES, 135 N. VISTORIA AVE., MONTEREY PARK, CA 91754
- Context: Security interest granted to East West Bank.
2014-10-14 (executed) / recorded 2014-10-21 — Reel 033333/0859
- Conveyance: RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
- Assignor: EAST WEST BANK
- Assignee: CHELSIO COMMUNICATIONS, INC.
- Correspondent: MICHAEL T. NOVIRIAN, ESQ., K&L GATES LLP, 4 EMBARCADERO CTR SUITE 1200, SAN FRANCISCO, CA 94111. This correspondent firm, K&L Gates LLP, recurs in this chain.
- Context: Release of security interest from East West Bank to Chelsio Communications, Inc.
2014-10-14 (executed) / recorded 2014-10-21 — Reel 033333/0861
- Conveyance: SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
- Assignor: CHELSIO COMMUNICATIONS, INC.
- Assignee: SILICON VALLEY BANK
- Correspondent: MICHAEL T. NOVIRIAN, ESQ., K&L GATES LLP, 4 EMBARCADERO CTR SUITE 1200, SAN FRANCISCO, CA 94111. This correspondent firm, K&L Gates LLP, recurs in this chain.
- Context: New security interest granted to Silicon Valley Bank.
2016-07-01 (executed) / recorded 2016-07-15 — Reel 037989/0984
- Conveyance: RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
- Assignor: EAST WEST BANK
- Assignee: CHELSIO COMMUNICATIONS, INC.
- Correspondent: CHUNG, DENNIS K., ESQ., K&L GATES LLP, 4 EMBARCADERO CENTER, SUITE 1200, SAN FRANCISCO, CA 94111. This correspondent firm, K&L Gates LLP, recurs in this chain.
- Context: Another release of security interest from East West Bank to Chelsio Communications, Inc.
2016-07-28 (executed) / recorded 2016-07-29 — Reel 038096/0200
- Conveyance: SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
- Assignor: CHELSIO COMMUNICATIONS, INC.
- Assignee: NOVIRIAN CAPITAL
- Correspondent: K&L GATES LLP, 4 EMBARCADERO CENTER, SUITE 1200, SAN FRANCISCO, CA 94111. This correspondent firm, K&L Gates LLP, recurs in this chain.
- Context: New security interest granted to Novirian Capital.
2017-04-20 (executed) / recorded 2017-04-25 — Reel 040715/0746
- Conveyance: RELEASE BY SECURED PARTY (SEE DOCUMENT FOR DETAILS)
- Assignor: NOVIRIAN CAPITAL
- Assignee: CHELSIO COMMUNICATIONS, INC.
- Correspondent: K&L GATES LLP, 4 EMBARCADERO CENTER, SUITE 1200, SAN FRANCISCO, CA 94111. This correspondent firm, K&L Gates LLP, recurs in this chain.
- Context: Release of security interest from Novirian Capital to Chelsio Communications, Inc.
2019-08-14 (executed) / recorded 2019-08-14 — Reel 046340/0396
- Conveyance: SECURITY INTEREST (SEE DOCUMENT FOR DETAILS)
- Assignor: CHELSIO COMMUNICATIONS, INC.
- Assignee: WESTERN ALLIANCE BANK, AN ARIZONA CORPORATION
- Correspondent: WESTERN ALLIANCE BANK, 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX, AZ 85004
- Context: New security interest granted to Western Alliance Bank.
2019-08-14 (executed) / recorded 2019-08-15 — Reel 046341/0080
- Conveyance: CORRECTIVE ASSIGNMENT (TO CORRECT THE THE FIRST PAGE OF THE INTELLECTUAL PROPERTY SECURITY AGREEMENT HAS AN INCORRECT DATE THAT NEEDS TO BE CORRECTED PREVIOUSLY RECORDED ON REEL 050050 FRAME 0396. ASSIGNOR(S) HEREBY CONFIRMS THE SECURITY INTEREST.)
- Assignor: CHELSIO COMMUNICATIONS, INC.
- Assignee: WESTERN ALLIANCE BANK, AN ARIZONA CORPORATION
- Correspondent: WESTERN ALLIANCE BANK, 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX, AZ 85004
- Context: Corrective assignment related to the security interest with Western Alliance Bank.
2025-12-11 (executed) / recorded 2025-12-18 — Reel 055171/0871
- Conveyance: RELEASE OF SECURITY INTEREST
- Assignor: WESTERN ALLIANCE BANK, AN ARIZONA CORPORATION
- Assignee: CHELSIO COMMUNICATIONS, INC.
- Correspondent: WESTERN ALLIANCE BANK, 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX, AZ 85004
- Context: Release of security interest from Western Alliance Bank to Chelsio Communications, Inc.
Timeline diagram
timeline
title Ownership of US 7826350
2007 : Filed by Chelsio Communications Inc
2010 : Issued
2013 : Security agmt East West Bank
2014 : Release by East West Bank
: Security agmt Silicon Valley Bank
2016 : Release by East West Bank
: Security agmt Novirian Capital
2017 : Release by Novirian Capital
2019 : Security agmt Western Alliance Bank
: Corrective security agmt
2025 : Release by Western Alliance Bank
NPE / troll-pattern signals
- Shell-entity transfer — Not present. The patent has consistently been owned by Chelsio Communications, Inc., an operating company. The recorded transfers are all security agreements and their subsequent releases with financial institutions, not transfers of title to shell entities.
- Known asserter in the chain — Not present. The assignees involved in security agreements (East West Bank, Silicon Valley Bank, Novirian Capital, Western Alliance Bank) are all financial institutions, not known patent assertion entities.
- Repeat correspondent across the chain — Present. K&L Gates LLP, through attorneys Michael T. Novirian and Dennis K. Chung, is listed as the correspondent for several security agreements and releases (Reel 033333/0859, Reel 033333/0861, Reel 037989/0984, Reel 038096/0200, Reel 040715/0746). This indicates consistent legal representation for Chelsio Communications, Inc.'s financing activities.
- Cascading transfers — Not present. While there are multiple security agreements, they do not represent transfers of ownership between chained LLCs in quick succession.
- Pre-litigation transfer — Not present. No litigation involving US 7,826,350 has been found as of May 27, 2026.
- Bankruptcy fire-sale — Not present. Chelsio Communications, Inc. remains an active operating company.
- Privateering — Not present. There is no evidence in the assignment records or public information suggesting Chelsio Communications, Inc. has transferred the patent to an NPE to assert on its behalf.
- Defensive aggregator (anti-NPE) — Not present. The ownership chain does not terminate at a defensive aggregator.
Verdict
Operating-company assertion.
The patent US 7,826,350 is currently owned by its original assignee, Chelsio Communications Inc., which is an active operating company that manufactures products directly embodying the claimed invention. The recorded assignments solely reflect security interests granted to financial institutions and their subsequent releases (e.g., Reel 030068/0805 executed 2013-04-29, Reel 033333/0861 executed 2014-10-14, Reel 046340/0396 executed 2019-08-14). While the definition of "Operating-company assertion" includes "and is suing actual competitors," no litigation involving this patent has been identified in publicly available records, presenting a minor contradiction with the strict definition; however, the ownership pattern strongly indicates an operating company holds the patent for its core business rather than for assertion by an NPE.
Generated 5/27/2026, 7:47:53 PM