Vringo, Inc. is a development-stage company. The Company is focused on identifying, generating, acquiring, and deriving economic benefits from intellectual property assets. It intends to monetize its technology portfolio through a range of initiatives, including licensing, strategic partnerships and litigation. The Company manages an intellectual property portfolio consisting of around 600 patents and patent applications, covering telecom infrastructure, Internet search and mobile technologies. These patents and patent applications have been developed internally or acquired from third-parties. It seeks to expand its portfolio of intellectual property through acquisition and development both internally and with the assistance of third-parties.