TiVo Apparently Considering Patent Trolling As A Second Act
from the putting-the-bull-to-good-use dept
And it's hitting other areas. TiVo, which has been involved in a few patent lawsuits, mentioned during its earnings call that it's paying close attention to the "evolution" of the "patent world," and that the company plans to "get the most out of this portfolio."
You have to wonder if the company still owns the bull that it bought in Marshall, Texas.
Either way, it really is a sad statement. All these companies (mostly once big companies who have failed to stay on top) now seem a lot more focused on "maximizing the value of our patent portfolio." You can understand why they want to do this in the short term, but it shows the screwed up incentives of the system. It's not the innovation that's valuable. It's the patents that usually have little to do with the actual innovation that have become valuable. So these companies start spending all their resources on patent issues, rather than actual innovation. It's the exact opposite of how the system is supposed to work.