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Startup Seeks To Preempt Patent Trolls

anaesthetica writes "The WSJ reports that a San Francisco startup is buying up patents with the promise never to assert them in order to help large corporations hedge against patent trolling firms. The company, RPX Corp, receives an annual fee in exchange for licensing the patents it has purchased. Cisco and IBM have already signed up for this service of 'defense patent aggregation.'"

7 of 117 comments (clear)

  1. Patents patents patents by CopaceticOpus · · Score: 4, Funny

    Interesting business plan, I wonder if they patented it.

    1. Re:Patents patents patents by Mister+Whirly · · Score: 2, Funny

      SourceForge has the advantage of not only enforcing patents, but they can Slashdot effect companies as well...

      --
      "But this one goes to 11!"
  2. Re:Interesting new business model by pxlmusic · · Score: 2, Funny

    that's a nice military base you've got here...

    --
    "If for any reason you're not satisfied with our service, I hate you."
  3. Re:Preempt them by Anonymous Coward · · Score: 1, Funny

    Can someone verify the whereabouts of Pinky and The Brain please? I'm getting a little nervous.

    They haven't been seen since last Friday night, when CmdrTaco did his Richard Gere impersonation

  4. Re:Any doubt left that patents are bust ? by Alain+Williams · · Score: 2, Funny

    There's a whole other world outside of Slashdot, by the way.

    Really? Your kidding me!

  5. Re:Preempt them by ScrewMaster · · Score: 3, Funny

    Can someone verify the whereabouts of Pinky and The Brain please? I'm getting a little nervous.

    "What are we going to do today, Brin?"

    "Same thing we do every day, Sergey ... try and take over the world!"

    --
    The higher the technology, the sharper that two-edged sword.
  6. Re:Extortion by MadMidnightBomber · · Score: 2, Funny

    OK, I wasn't convinced at first, but you won me over with your well-reasoned arguments.

    --
    "It doesn't cost enough, and it makes too much sense."