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The Intel IP portfolio is likely to comprise older patents that have not yet expired but no longer represent cutting-edge technologies so the chipmaker likely sees this licensing arrangement as a way of maximizing its revenue from some of its patents by allowing IPValue to handle the legwork in licensing them to third parties. Considering these are basically zero value patents for Intel, the temptation must be great to at least get something out of them. Usually, the way these deals work is that the company, Intel, gets some relatively modest amount of cash upfront, but also a piece of anything the troll can squeeze out of others. Like Intellectual Ventures, which came about with high minded talk of building these portfolios to enable new innovation, the reality is that they’re classic trolls, collecting tons of patents to then seek to shake down actual operating companies, not for copying ideas and infringing, but for doing something obvious with the technology that some vague, forgotten patent sorta kinda, maybe could describe if you squint and ignore the fact that patents are only supposed to cover “non-obvious” ideas.Īnyway, Intel recently announced that it was handing 5,000 patents off to IPValue, which (as it does in these kinds of deals) spun up a shell corporation called Tahoe Research Limited to go see who it can shake down over these patents.
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Of course, when no one wants to license totally useless patents, the company has been known to engage in litigation. There were others, including one called IPValue, which has been around for a while now as well, and has a history of getting big, lumbering, no longer innovative companies to sell off useless patent portfolios for the sake of “licensing” them.
The most well known of these was probably Intellectual Ventures, which scooped up tons upon tons of unused (perhaps because they were useless) patents, many from universities with loss-making tech transfer offices, which were eager to sell out in order to show they could make some money.
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Over the years there have been a bunch of “patent aggregation” firms that showed up, offering to buy up patents and then promising to bring in free money by “licensing” them. Often this involves patent lawsuits or handing your unused patents off to patent trolls to “monetize” them for you. When you can’t keep up and you can’t succeed by beating the market, you turn to the courts to try to squeeze cash out of those more successful than you. The pattern is pretty common: young companies innovate, older companies litigate.
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Now the internet backbone biz is putting up the full six-figures, and will make all authenticated prior art finds public to use against similar wobbly patent-infringement complaints.Tue, Aug 30th 2022 12:14pm - Mike Masnick
Back then it put up $50,000 to pay for prior art, and a donor matched it. The last time Cloudflare offered a bounty for prior art, it ultimately got Blackbird's infringement allegations thrown out of court and the patents in question invalidated. Sable's phone number and website are no longer in service, and Kramer said the organization has shown no detectable activity since 2011 – and noted "we were being generous with that estimation."
Not that it seems there's much of a company to dissuade. There has to be a corresponding risk for them." "It's helpful to go beyond the initial case if you're going to show the recklessness of these firms. "We're going after the other six patents Sable holds because we want to push back," Kramer said. Hell hath GNOME fury: Linux desktop org swings ax at patent troll's infringement claim READ MORE
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