The Aftermath Of RIM-NTP: Other Patent Hoarders Emboldened

from the story?--we-need-a-story? dept

Now that the RIM-NTP case is over and the lawyers are counting the loot from a bunch of patents that are very likely to be rejected, it appears that (1) plenty of other patent hoarding firms can't wait to step into the limelight as the "next NTP" and (2) reporters who have been covering this case need to move onto some new patent hoarding company. Well, step right up Forgent, you're the next contestant on "Just How Screwed Up Is Our Patent System?!" The AP has an article all about Forgent's attempts to be the next patent hoarding company to get all the attention. There's absolutely nothing new in this story. We've covered Forgent extensively in the past. The company has done nothing to help innovation in the imaging space. They had some patents collecting dust that they retroactively decided could cover jpg compression technology, and went on a licensing kick, scoring millions of dollars. Of course, now, people are finally digging up some prior art -- but either way it highlights the problem of the patent system. This company did nothing to promote innovation. It did everything to hinder it. And the comments from the company about how this is "the American way" are ridiculous. Holding back others from innovating and improving the market is the American way? Unfortunately, this is the legacy of the RIM-NTP decision. More companies feel emboldened to not innovate, but simply patent and wait for others to innovate.

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  1. icon
    Mike (profile), 18 Mar 2006 @ 6:48pm

    Re: Re: Re: Re: Re-invention

    Just remember, the BIGGEST "patent troll" is IBM with over 40,000 patent, most of them are potentially invalid, by the way.
    If IBM is allowed to do it, why can't I do it ? I certainly can and will, once I raise some money for litigation...


    Didn't you just invalidate your entire argument?

    You're basically saying the patent system sucks, but since it sucks in a way you can take advantage of it, it better be left alone until you've taken advantage of it.

    You've just lost all your credibility by admitting the reason you like the patent system is for the fact that you can leverage it to your own personal advantage.

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