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August 19, 2011 07:47 pm GMT
The cost of patents is going up, and that is not a good thing. After all, Google is paying $12.5 billion for Motorola largely for its huge mobile patent portfolio. In July, an anti-Google consortium ponied up $4.5 billion Nortel's patents (and they overpayed). Interdigital, Kodak, and others are looking to sell their patent portfolios. We are in the middle of a patent bubble. If you think about the cost of these patents, technology companies are spending billions of dollars on assets which they need primarily to defend themselves against the rising tide of patent litigation. Those are billions of dollars that Google, Apple, Microsoft and others won't invest in new products, new jobs, new facilities or other economically productive activities. And by and large, they will not use these patents to create new products. Google is doing it just to protect Android from rival patent claims.Looking at the billions of dollars being spent in the span of just the past couple months, it should be clear by now that the cost of patents (at least for software) outweighs their value to society.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5qZc9YL0FWE/
The Terrible Cost Of Patents
The cost of patents is going up, and that is not a good thing. After all, Google is paying $12.5 billion for Motorola largely for its huge mobile patent portfolio. In July, an anti-Google consortium ponied up $4.5 billion Nortel's patents (and they overpayed). Interdigital, Kodak, and others are looking to sell their patent portfolios. We are in the middle of a patent bubble. If you think about the cost of these patents, technology companies are spending billions of dollars on assets which they need primarily to defend themselves against the rising tide of patent litigation. Those are billions of dollars that Google, Apple, Microsoft and others won't invest in new products, new jobs, new facilities or other economically productive activities. And by and large, they will not use these patents to create new products. Google is doing it just to protect Android from rival patent claims.Looking at the billions of dollars being spent in the span of just the past couple months, it should be clear by now that the cost of patents (at least for software) outweighs their value to society. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5qZc9YL0FWE/
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