Technology Slice Blog

Intellectual Ventures Files Lawsuit - For years, Intellectual Ventures has avoided suing companies directly, while building up a portfolio of tens of thousands of patents (mostly bought -- though it likes to get PR from the wacky and usually useless patents it files directly). Its business model, to date, has been about shaking down giant tech companies for hundreds of millions of dollars in exchange for letting those companies use IV's patent portfolio either defensively or offensively against others. However, as part of an attempt to avoid the dreaded "troll" label, the company had avoided suing others directly for quite some time -- though, it's always hinted that it would eventually. About a year ago, we started to see IV patents showing up in lawsuits, but they had been licensed to other companies first. The notoriously secretive company would never comment on whether or not it had any stake in the results of such lawsuits. Intellectual Ventures Files Lawsuit ...