294 Patent Lawsuits Were Filed In Aug 2011; Mobile Handset Complaints Up 25 Percent Yearly
There’s no subject that the cost of patents is rising. Google is profitable $12.5 billion for Motorola primarily for its outrageous mobile obvious portfolio . In July, an anti-Google consortium lifted $4.5 billion for Nortel’s patents (and they overpayed ). Interdigital, Kodak, and others are seeking to sell their obvious portfolios. As my coworker Erick Schonfeld wrote recently, you are in the centre of a obvious burble . One startup, Lex Machina , is aiming to help companies earn perception in to information and analytics on obvious litigation. And unsurprisingly, the company’s online obvious lawsuit database is being used by many of the tip tech companies in Silicon Valley.
The firm is only did a investigate on mobile handset litigation. According to Lex Machina’s data, mobile handset lawsuits are up rounded off 25 percent a year given 2006. In fact, in Aug of 2011 alone, there were 294 obvious lawsuits, 8 percent of that were mobile-related. Currently, Apple is entangled in 97 open obvious cases ( here’s an e.g. of one). Motorola Mobility isinvolved with 38 open obvious cases.
We’ve well known that there is a way up of obvious trolls, fatiguing enhancement and causing companies billions. Google Chairman Eric Schmidt not long ago sharp out a few leading flaws in the obvious system, and believes that crowdsourcing is the future to reforming patents. But until any remodel happens, the injured network is here to stay.
For background, Lex Machina was spun off of a partnership between Stanford Law School and the Stanford Computer Science Department. Initially, the research at the back the firm was saved by the Kauffman Foundation for Entrepreneurship and companies similar to Apple and
Genentech. It was then spun off and saved by The Stanford Angels and Entrepreneurs and ULu Ventures.
Lex Machina is announcing giveaway access to its service for tiny mobile app makers who have been sued (not a bad treat deliberation access is often $10,000 per year, per chair on the SaaS model). Companies who wish to solicit access should email access@lexmachina.com.
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