Nokia Feeds a Patent Troll

New submitter glebovitz writes "In case anyone missed the other Nokia news: on the same day they announced the sale of Qt to Digia, they also sold 500 patents to Vringo. Vringo, a video ring tone company, recently merged with patent portfolio company Innovate/Protect which includes Donald Stout, the founder of patent holding company NTP, on its board. Forbes refers to NTP as 'a patent troll which milked Research In Motion for $612.5 million in a patent infringement settlement reached in 2006.' As Eric Savitz writes in the article, 'Vringo decided to basically turn itself into a patent troll.'"

Comments

Re:WTF

[Bookwyrm]

WTF is a "video ring tone company"?

You need to pay the license fee in order to obtain the proprietary information which compromises the patented answer to that question.

Re:WTF

[Penguinisto]

WTF is a "video ring tone company"?

Those idiots who advertise on the 'cheap' channels, promising a free ringtone for your phone of some semi-popular quote or song if you text a certain number with your credit card info and set up a $10/mo. subscription with them.

Think of it as a company that administers a public telecom IQ test (hint: if you pass, you're not one of their customers).