TechFlash: Looking to fend off patent trolls, IBM, Cisco support startup RPX
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Started by: zoobabzoobab
Date: 24 Nov 2008 20:02
Number of posts: 1
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Summary:
Now, two former executives of Myhrvold's Bellevue patent licensing firm are striking out on their own with support from IBM and Cisco to serve as a counterweight to patent holding firms like Intellectual Ventures. Today, RPX Corp. is launching what it dubs "defensive patent aggregation" -- a membership club of sorts where large and small technology companies pool capital in order to order to protect themselves from patent litigation. [...] "With NPEs, you can't sue them which is what makes them particularly scary because you have no real defense against them," said Amster, adding that roughly 16 percent of all patent litigation is associated with these entities. Asked to elaborate on why the NPEs can't be sued, Amster said "they don't do anything."
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