Sentences with phrase «buy patent assets»

Whatever you call «em, the holding companies that produce nothing for this country, yet buy patent assets and assert the associated rights, are a much - lamented plague on this nation's economy, cost intellectual property - heavy industries billions in patent litigation fees, and are an absolute boon for the lawyers.

Not exact matches

One other such move came in April when Google opened a temporary patent portal in April that let sellers ask if the company wanted to buy their assets.

So far, Intellectual Ventures» business model has proved effective because shell firms are immune to counter-suits since they have no assets, and because patent litigation is so expensive that victims simply capitulate and buy a license they don't want or need.