Slashdot: Intel, Which Coined The Term 'Patent Troll', Makes Deal With Patent Troll To 'Monetize' Unused Patents
Intel, Which Coined The Term 'Patent Troll', Makes Deal With Patent Troll To 'Monetize' Unused Patents
Published on August 31, 2022 at 01:35AM
Mike Masnick, reporting for TechDirt: Intel recently announced that it was handing 5,000 patents off to IPValue, which (as it does in these kinds of deals) spun up a shell corporation called Tahoe Research Limited to go see who it can shake down over these patents. Usually, the way these deals work is that the company, Intel, gets some relatively modest amount of cash upfront, but also a piece of anything the troll can squeeze out of others. Considering these are basically zero value patents for Intel, the temptation must be great to at least get something out of them.
Published on August 31, 2022 at 01:35AM
Mike Masnick, reporting for TechDirt: Intel recently announced that it was handing 5,000 patents off to IPValue, which (as it does in these kinds of deals) spun up a shell corporation called Tahoe Research Limited to go see who it can shake down over these patents. Usually, the way these deals work is that the company, Intel, gets some relatively modest amount of cash upfront, but also a piece of anything the troll can squeeze out of others. Considering these are basically zero value patents for Intel, the temptation must be great to at least get something out of them.
Read more of this story at Slashdot.
Comments
Post a Comment