CSIRO Settles With Tech Giants Over WiFi Patent Spat
Combat Wombat brings news that the legal battle between the Australian Commonwealth Scientific and Research Organisation (CSIRO) and a host of major tech corporations has come to end, with a large settlement going to the CSIRO. The fight was over a patent on wireless LAN technology, which already earned the CSIRO a victory in court over Buffalo Technology and a settlement with Hewlett-Packard. The remaining 13 companies, which include Dell, Intel, Microsoft and Nintendo, have now chosen to settle as well. "[The CSIRO] will use the money won from a Wi-Fi technology patent battle to fund further research. ... It is unclear how much money has flowed to the CSIRO, but experts say the technology would be worth billions of dollars if royalties were paid on an ongoing basis."
I believe that if you aren't using the item that's patented, you shouldn't be able to sue over it. The purpose of a patent is to protect those who innovate from having their ideas stolen. But if you aren't actually using those ideas (as a product, business, technology, whatever), then why should it be patented? More succinctly, why should companies be able to make money off of hoarding patents, without actually developing anything?