Intellectual Ventures Files Its First Lawsuits; Giant Patent Troll Awakened
from the watch-out... dept
However, Intellectual Ventures has finally stepped up and filed three separate patent infringement cases against nine companies, including Symantec, McAfee, Trend Micro and others. Of course, some of these companies have a history of questionable patent activity themselves... Still, this seems like IV and Nathan Myhrvold stepping things up a notch. Consider it a warning to other tech companies: if you don't agree to pay hundreds of millions of dollars to Intellectual Ventures, the company might sue you too.
That's not how innovation is supposed to work.
Still, perhaps this will convince more people just how problematic our current patent system is today and how we need to move towards fixing it.