|By Maureen O'Gara||
|November 28, 2008 12:35 AM EST||
There’s been Open Invention Network and Allied Security Trust, and now there’s RPX Corporation promising protection against the so-called patent troll. RPX, amusingly enough, was started by two refugees from what is widely perceived to be one of the biggest patent trolls around, Intellectual Ventures-founded by ex-Microsoft CTO Nathan Myhrvold (pictured).
RPX, which is backed by Kleiner Perkins and Charles River Ventures - and it must have been a tidy sum judging from the people working there - is acquiring patents. And for "annual membership fees" ranging from $35,000 to $4.9 million will sell high-tech companies term licenses - that turn into perpetual licenses in three years - so they can't get sued, or at least they can countersue.
But these are locked-in introductory rates at a discount with shorter vesting periods than RPX eventually intends to charge.
RPX calls itself a "defensive patent aggregator"; other people call it just another form of protection money. RPX maintains that paying it $5 million now will save you $20 million.
So far Cisco and IBM are supporting it.
RPX got started in March and says it's collected more than $40 million in patent rights described as 150 US patents and US patent applications in the mobile, Internet search and RFID markets from such as NextWave, LinkVision and Del Monte. It expects to acquire $100 million in patent rights its first year.
It says it won't enforce the patents it acquires - and not just against its members, the catch is it's servicing the needs of its supporters it what it buys. It also advises using multiple anti-troll measures.
RPX calculates that its team has previously been involved in $2 billion worth of patent-related transactions.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
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According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
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The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
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What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Dec. 6, 2016 11:45 PM EST Reads: 751
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Dec. 6, 2016 09:15 PM EST Reads: 362
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
Dec. 6, 2016 08:45 PM EST Reads: 1,084
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Dec. 6, 2016 06:45 PM EST Reads: 2,159
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
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Dec. 6, 2016 05:15 PM EST Reads: 410
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Dec. 6, 2016 04:45 PM EST Reads: 808
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Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
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