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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.'"

2 of 117 comments (clear)

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

    Interesting business plan, I wonder if they patented it.

  2. 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.