CommerceOne Patent Buyer Turns Out To Be Novell

from the for-secretly-defensive-reasons dept

Late last year, there was some surprise when a secretive company named JGR Acquisitions outbid everyone else to get CommerceOne’s sought after e-commerce patents — keeping them out of the hands of patent hoarder Nathan Myhrvold. Many people have been waiting to see if the new owner would start enforcing those patents, but now it’s been revealed that the buyer was actually Novell — and they bought the patents for “defensive purposes.” Since Novell is becoming a much bigger supporter of open source software, it seems they viewed the $15.5 million that went into buying these patents as a sort of insurance fund against a SCO-style lawsuit against their open source offerings. In other words, that’s $15.5 million wasted on nuclear stockpiling, rather than actual investment in research and development — but the patent office still doesn’t see the need for any real reforms in the patent process.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “CommerceOne Patent Buyer Turns Out To Be Novell”

Subscribe: RSS Leave a comment
1 Comment

Add Your Comment

Your email address will not be published.

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...