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PatentFreedom
PatentFreedom is an on-line community of companies that access and share information about non-practicing entities that own and enforce patents primarily to collect license fees. The company offers membership to operating companies as well as law firms representing them. The company was founded in May 2008. Patent Freedom was acquired by RPX Corporation in June 2014. Products and Services PatentFreedom is a membership organization where members pay annual subscription fee to gain access to extensive information on non-practicing entities. Existing members can also contribute to the information about who are asserting patents. PatentFreedom subscriptions are offered to both companies and law firms. The information includes who the entities are, who is funding them, and who they have asserted their patents against. The company has electronic dossiers on 680 entities, 2100 subsidiaries, holding more than 50,000 United States patents and applications, and involved in 8,900 litigati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Security Trust
Allied Security Trust (AST) is an independent, not-for-profit cooperative that provides its members with a method of mitigating the risk of patent assertions and litigation. Business Each member contribute to the operating expense of the trust, and hold funds in escrow for the purchase of patents. Each member's escrow funds are used for the purchase of only those patents that they are interested in. The members involved in the purchase are then licensed to the patents. After a certain period of time, the patents are sold or donated. This is known as a catch and release strategy. AST does not litigate. Members Allied Security Trust public members in 2023, include * Avaya * Adobe * Cisco * Dolby * Google * IBM * Intel * Meta * Microsoft * Oracle * Philips * Salesforce * ServiceNow * Snap * Sony * Spotify * Uber * Verizon Executives *Russell Binns, Jr., CEO {{cite web, url=http://www.alliedsecuritytrust.com, title=Homepage - Allied Security Trust, website=Allied Security Trust, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent Troll
In international law and business, patent trolling or patent hoarding is a categorical or pejorative term applied to a person or company that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or contribution to the prior art, often through hardball legal tactics (frivolous litigation, vexatious litigation, strategic lawsuits against public participation (SLAPP), chilling effects, and the like). Patent trolls often do not manufacture products or supply services based upon the patents in question. However, some entities which do not practice their asserted patent may not be considered "patent trolls" when they license their patented technologies on reasonable terms in advance. Other related concepts include patent holding company (PHC), patent assertion entity (PAE), and non-practicing entity (NPE), which may or may not be considered a "patent troll" depending on the position they are taking and the perception of that position by th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A patent is not the grant of a right to make or use or sell. It does not, directly or indirectly, imply any such right. It grants only the right to exclude others. The supposition that a right to make is created by the patent grant is obviously inconsistent with the established distinctions between generic and specific patents, and with the well-known fact that a very considerable portion of the patents granted are in a field covered by a former relatively generic or basic patent, are tributary to such earlier patent, and cannot be practiced unless by license thereunder." – ''Herman v. Youngstown Car Mfg. Co.'', 191 F. 579, 584–85, 112 CCA 185 (6th Cir. 1911) In most countries, patent rights fall under private law and the patent holder mus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
License
A license (or licence) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit). A license is granted by a party (licensor) to another party (licensee) as an element of an agreement between those parties. In the case of a license issued by a government, the license is obtained by applying for it. In the case of a private party, it is by a specific agreement, usually in writing (such as a lease or other contract). The simplest definition is "A license is a promise not to sue," because a license usually either permits the licensed party to engage in an activity which is illegal, and subject to prosecution, without the license (e.g. fishing, driving an automobile, or operating a broadcast radio or television station), or it permits the licensed party to do something that would violate the rights of the licensing party (e.g. make copies of a copyrighted work), which, without the license, the licensed party could be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RPX Corporation
RPX Corporation (Rational Patent EXchange) is an American provider of international risk management services for patents. The company was founded in March 2008, and is based in San Francisco. It was incorporated on July 15, 2008. By acquiring patents that pose potential problems and providing information on litigation, RPX seeks to reduce patent assertions directed at its clients. RPX provides a defensive patent aggregation service to mitigate clients' risk of litigation from non-practicing entities (NPEs) – also called patent trolls – which acquire patents for the sole purpose of licensing and asserting their patent rights. RPX identifies and purchases patent assets they identify as of high value, relevance and risk that could be used offensively against members of the company's client network. Depending on the situation, RPX may acquire assets from a third party or directly from an NPE. When necessary and possible, RPX will buy patent rights out of an active litigation. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coalition For Patent Fairness
The Coalition for Patent Fairness (CPF) is an ad hoc organization of companies who are lobbying for reforms to the US patent system. In general, they believe that the United States Patent and Trademark Office is too prone to grant overly broad patents. They feel that these overly broad patents and the level of damages that legitimate patent holders can obtain through courts is so high that it inhibits innovation. They were strongly in favor of the Patent Reform Act of 2007 and its successors the Patent Reform Act of 2009 and the America Invents Act. Principles The CPF believes that the following principles should drive patent reform: *"Damage awards should be based on common sense standards. In a world where a device can be made up of thousands of patented components, patent infringement damages should be proportionate to the value of the component in question rather than the entire product." *"The standard for assessing "willful infringement" - which triggers a tripling of ordin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nathan Myhrvold
Nathan Paul Myhrvold (born August 3, 1959), formerly Chief Technology Officer at Microsoft, is co-founder of Intellectual Ventures and the principal author of ''Modernist Cuisine'' and its successor books. Myhrvold was listed as co-inventor on 17 U.S. patents at Microsoft and is co-inventor on over 900 other U.S. patents issued to his corporation and its affiliates. Early life and education Myhrvold was born on August 3, 1959 in Seattle, Washington to Norwegian American parents. He was raised in Santa Monica, California, where he attended Mirman School and Santa Monica High School, graduating in 1974, and began college at age 14. Transferring from Santa Monica College, he studied mathematics (B.Sc.), and geophysics and space physics (Master's) at UCLA. He was awarded a Hertz Foundation Fellowship for graduate study and studied at Princeton University, where he earned a master's degree in mathematical economics and completed a Ph.D. in applied mathematics after completing a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Frenkel
Richard "Rick" G. Frenkel (born 1966 or 1967 Michael Orey BusinessWeek, March 27, 2008. Consulted on April 4, 2008.) was an in-house intellectual property counsel and director of intellectual property at Cisco Systems.Asher Hawkins''Shut Up, Already!'' Forbes.com, March 11, 2008. Retrieved on March 15, 2008.Michelle Massey''Patent troll tracker sued for defamation'' The Southeast Texas Record, March 13, 2008. Retrieved on March 15, 2008. He was once the anonymous author of the Patent Troll Tracker blog, focusing on the subject of "patent trolls" and "a must-read blog among top intellectual property litigators". Dispute In October 2007, Frenkel posted anonymous comments through his Patent Troll Tracker blog about a patent infringement case in which Cisco was the defendant. Frenkel claimed that the plaintiff, a company named ESN, filed a lawsuit one day before the patent in the lawsuit was issued by the U.S. Patent and Trademark Office (which if true would have meant that ESN did not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent Law
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A patent is not the grant of a right to make or use or sell. It does not, directly or indirectly, imply any such right. It grants only the right to exclude others. The supposition that a right to make is created by the patent grant is obviously inconsistent with the established distinctions between generic and specific patents, and with the well-known fact that a very considerable portion of the patents granted are in a field covered by a former relatively generic or basic patent, are tributary to such earlier patent, and cannot be practiced unless by license thereunder." – ''Herman v. Youngstown Car Mfg. Co.'', 191 F. 579, 584–85, 112 CCA 185 (6th Cir. 1911) In most countries, patent rights fall under private law and the patent holder mus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
