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daleste
User Rank
CEO
re: TI, Wi-LAN reach settlement
daleste   7/7/2011 2:54:27 AM
NO RATINGS
The idea behind patents is to protect the inventor to build his product without competition. Somehow it has turned into something else. A way to print money and sell the rights to anyone. Just doesn't seem right compared to the initial intent.

Kinnar
User Rank
CEO
re: TI, Wi-LAN reach settlement
Kinnar   7/6/2011 6:49:24 AM
NO RATINGS
It seems that these companies purchasing patents might be subsideries of the giant companies, otherwise how come it would be possible to purchase 1400 patents by a company that is not known to everyone.

old account Frank Eory
User Rank
Rookie
re: TI, Wi-LAN reach settlement
old account Frank Eory   7/5/2011 11:55:42 PM
NO RATINGS
There was a press release on June 29, 2011 that Wi-LAN paid $8M for 60 patents from Glenayre Electronics, a company in Duluth, GA. And here, less than a week later, there is this settlement with TI. I have two questions: (1) What was Glenayre Electronics doing all this time, if these patents were so essential to Bluetooth? (2) Why is it that so many patent trolls are Canadian companies?

DrQuine
User Rank
CEO
re: TI, Wi-LAN reach settlement
DrQuine   7/5/2011 11:20:51 PM
NO RATINGS
Perhaps the real issue is that our world is becoming so interconnected that "everything interacts with everything". Carving out an isolated concept for a stand alone patent is becoming increasing challenging since new technologies interact with other new devices which remain under patent protection. The days are past in which an invention (the better mousetrap) is a completely stand alone device with no external intellectual property encumbrances.

goafrit
User Rank
Manager
re: TI, Wi-LAN reach settlement
goafrit   7/5/2011 9:13:46 PM
NO RATINGS
Good business for the folks on tie and suits while the jean boys cry all day. Engineering is losing flavor as lawyers define the space

eewiz
User Rank
CEO
re: TI, Wi-LAN reach settlement
eewiz   7/5/2011 4:48:01 PM
NO RATINGS
Patent trolls are raking in cash. At the end of the day, consumers will have to pay for it. I hope there is some kind of law to discourage this.



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