Techdirt. – Intel, Who Coined The Term ‘Patent Troll’ Makes Deal With Patent Troll To ‘Monetize’ Unused Patents

The pattern is pretty common: young companies innovate, older companies litigate. When you can’t keep up and you can’t succeed by beating the market, you turn to the courts to try to squeeze cash out of those more successful than you. Often this involves patent lawsuits or handing your unused patents off to patent trolls to “monetize” them for you.
Over the years there have been a bunch of “patent aggregation” firms that showed up, offering to buy up patents and then promising to bring in free money by “licensing” them. The most well known of these was probably Intellectual Ventures, which scooped up tons upon tons of unused (perhaps because they were useless) patents, many from…

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