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p51
Does anyone think the licensing model, wherein a company with a portfolio of ...
VincePG
Given that Acacia has sued at least 337 times on infringement claims in the last ...
Renesas assigns patents to Acacia for licensing
Peter Clarke
8/24/2010 6:52 AM EDT
LONDON – Chip company Renesas Electronics Corp. has entered into a patent licensing agreement with Acacia Research Corp., a patent portfolio holder and licensor.
As a part of the deal patents selected by Acacia (Newport Beach, Calif.) and Renesas (Tokyo, Japan) from the Renesas portfolio of over 40,000 patents and patent applications will be assigned to Acacia for patent licensing.
Renesas did not state what number of proportion of its patent portfolio would be administered through Acacia. Nor did the companies state how much additional financial income they each expected to receive as a result of the arrangement.
"In today's new paradigm of intellectual property where patent transactions are a part of everyday business, patent licensing has become increasingly important. In the meantime, it is important for Renesas Electronics to protect its own customers in the marketplace," said Hironori Seki, general manager of the intellectual property division of Renesas Electronics Corp., in a statement.
"We are honored to have been selected to license the patents of Renesas Electronics, the world's third largest semiconductor company by revenue," commented Paul Ryan, Acacia's chairman and CEO, in the same statement.
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rick.merritt
8/24/2010 9:51 AM EDT
Renasas has been driving an aggressive IP strategy for a couple years at least. But this may be one of the first times a large established silicon company has partnered with what many would call a patent troll.
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VincePG
8/24/2010 12:13 PM EDT
Given that Acacia has sued at least 337 times on infringement claims in the last 18 years, it's a smart move for Renesas. The best way to protect yourself against pirates is hire the biggest pirate to protect you.
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p51
8/25/2010 5:43 AM EDT
Does anyone think the licensing model, wherein a company with a portfolio of patented IP is available to license to manufacturers (eg ARM) will become a more common model of operation in future?
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