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The second question is whether G-Taxi aimed to protect their intellectualproperty rights and market, or to obtain IP protection in order to obtain licence fees? A patent or trade mark troll’s strategy consists of finding potential defendants who find it less expensive to negotiate a settlement rather than litigate.
The second kind, private parties, often use the patents they acquire for profit through damage or settlement awards, or royalties and licensing rights. NPEs who acquire patents solely for profit (and not commercialization) are also called “PatentTrolls” or “ patent assertion entities.”
Introduction Patenttrolls are entities that do not actively develop their inventions but instead acquire patent rights for obvious inventions to prevent others from working on them or to collect licensing fees. In a way, patenttrolls serve a purpose, much like lawyers.
VirnetX is a classic example of an NPE that does not qualify as a “patenttroll.” Patenttrolls leverage the litigation system to negotiate settlements for less than the cost of defending against a lawsuit. VirnetX, on the other hand, licenses its patents for eight and sometimes nine figures.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Technologies is similar to other NPEs, asserting two patents against well-known companies for technology that has been around since the turn of the millennium.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). This installment will focus on a court where many patenttrolls file suit, the U.S. District Court for the District of Delaware.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). The challenge would fail despite the weakness of the patent and result in nothing but wasted attorneys’ fees.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Sockeye owns a pair of patents broadly related to controlling a “display device” with a mobile phone. So what happened?
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Many high-volume NPEs are subsidiaries of a larger company that segregates liability by creating separate LLCs for each subset of their patent portfolio.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Triumph IP claims to own a patent on technology that is vital to the 802.11 This installment will focus on a company named Triumph IP.
Welcome to the first installment of “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). This installment will focus on a company named Cedar Lane Technologies and their recent patent enforcement efforts.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Others engage litigation finance firms to fund the lawsuit and take a cut of the damages award or settlement once the lawsuit is resolved.
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