Tech patents have become a huge commodity in America.
Why buy a patent? Well, you’ll be able to sue anybody who infringes it.
You could also license it, and use the technology it covers all you want.
With these lucrative possibilities in mind, tech companies typically buy patents in big bundles.
And these patent bundles can go for jaw-drawing amounts.
Patent brokerage firm IPOfferings has now provided a glimpse into exactly how much a company will buy for the right to somebody else’s invention.
7. Adaptix’s $100 million sale to Acacia Research
In January, Adaptix sold Acacia Research 230 patents covering 4G technology, according to IPOfferings.
The deal was Acacia’s first major move to buy its own patent rights, the Wall Street Journal reported at the time. Previously, Acacia partnered with universities and other organizations to help them enforce patents.
Acacia has been criticized as a “patent troll,” or a company that makes most of its money from licensing patents or filing patent lawsuits.
However, Acacia CEO Paul Ryan previously told BI that people who use that term are just “name calling.”
6. Fujifilm Corp.’s $105 million sale to Universal Display Corp.
Fujifilm sold 1,200 patents covering OLED (organic light-emitting diode) technology to Universal Display Corp. in July, according to IPOfferings.
OLEDs are used to make increasingly popular high-contrast, low-energy screens, Science Daily has reported.
5. Real Network’s $120 million sale to Intel
In January, Real Network sold 190 patents to Intel covering technology for media players, according to IPOfferings.
The deal also included 170 patent applications (patents that haven’t been approved) and some video streaming software, the Wall Street Journal reported at the time.
The patent acquisition built Intel’s portfolio for technology that allows streaming on smartphones and laptops, according to the Journal.
Earlier this week, Groupon made the decision to ban “adult merchants” from its quick-deals site. This was after “morality” groups went crazy over the site’s special deals for tours of the Playboy Mansion and of a studio that specializes in torture porn.
From quick deals on circumcisions (yes, really) to paying $100 to have a Groupon employee tuck you into bed, here are the most winning losers of Groupon.
It appears as if the most bizarre merchant on Groupon is Groupon itself. For a mere $1,000, Groupon will name your baby.
Earlier this week, Groupon Chicago put up a deal in which you can pay $100 to have a Groupon employee tuck you into bed. And people bought it!
We understand the price tag for a fancy 13-night cruise, but why on earth add a signed DVD from a Leonardo DiCaprio IMPERSONATOR?
iPhone/Android: This Saturday, December 10 would be a good day to go shopping. Amazon’s offering 5% off (up to $5) for select items if you barcode scan them using its Price Check app; the offer can be used three times.
To get the discount, you’ll need to check prices on a qualifying item in one of these categories: Electronics, toys, sports, music, and DVDs. After putting it in your shopping cart with the Price Check App, you’ll have 24 hours to buy it (you can do it from the Amazon website or other Amazon apps) and get the 5% discount automatically applied.
As we’ve noted before Amazon Price Check is a really versatile price checking app you can use to look up products using your voice, photos, barcodes, or old-fashioned text search.
The promotion starts at 9pm PST December 9 and runs through 11:59pm PST December 10. So go download the app by the weekend, if you haven’t already.
Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.
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