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by gvb
5429 days ago
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No, they did not say the Novell and Nortell patents were bogus. They said most of the 250,000 patents that a typical smart phone "infringes on" are bogus. 1. The number 250,000 is clearly a made up number, but the real number is in that ballpark (order of magnitude). 2. The Novell patents numbered ~800, a very small fraction of 250,000. 3. The Nortel patents numbered ~6000, still a small fraction of 250,000. While some of the Novell and Nortel patents likely are bogus, as a whole they are very likely to be higher quality than the other 240,000 smart phone-threatening patents out there. |
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""" This anti-competitive strategy is also escalating the cost of patents way beyond what they’re really worth. The winning $4.5 billion for Nortel’s patent portfolio was nearly five times larger than the pre-auction estimate of $1 billion. Fortunately, the law frowns on the accumulation of dubious patents for anti-competitive means — which means these deals are likely to draw regulatory scrutiny, and this patent bubble will pop. """