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Old Apr 11, 2014, 11:57 AM   #1
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Apple Declines to Invest in Intellectual Ventures' Patent Buying Fund




After collaborating with patent buying company Intellectual Ventures to purchase Kodak patents in 2012, Apple is now rebuffing offers by IV to invest in is latest patent acquisition fund, reports Reuters. Though both Apple and Intel have declined to participate, rivals Microsoft and Sony have been persuaded to contribute to a new round of patent buying.
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"Microsoft and Sony's investments give IV a fresh war chest to buy new patents," said Kevin Jakel, chief executive of Unified Patents, which advises tech companies on alternatives to patent aggregators like IV.
Intellectual Ventures is one of the top five patent owners in the U.S. and has a portfolio of over 70,000 patents and intellectual property assets. The company has raised $6 billion for patents and is courting investors like Apple to raise an additional $3 billion.

Microsoft, Sony, Apple and Intel have invested in Intellectual Ventures in the past, giving them access to IV's patent holdings and a portion of the royalties it collects. Apple didn't comment on its recent decision not to invest in IV, but one intellectual property expert believes it is not related to the company's recent efforts to influence patent legislation in the U.S.
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"Amy Landers, an intellectual property professor at University of the Pacific McGeorge School of Law, said Apple and Intel's decision on IV's latest fund was probably unrelated to the political debate on patent reform.
"The companies that are not investing in the fund have probably just found better uses for their money," Landers said.

Apple recently joined the new Partnership for American Innovation, a patent reform lobbying group that includes DuPont, Ford, General Electric, IBM, Microsoft and Pfizer. The group is opposing recent patent reform legislation that they claim may hurt actual innovations that need patent protection.

Article Link: Apple Declines to Invest in Intellectual Ventures' Patent Buying Fund
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Old Apr 11, 2014, 12:24 PM   #2
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Patents don't stop Samsung apparently.
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Old Apr 11, 2014, 02:06 PM   #3
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Smart.

Any involvement by Apple in such a venture (with the use of patents as an offensive weapon, seeking to license or deliberately hinder competition, as opposed to defensive ('stealing'/taking 'heavy inspiration' from competitors) capability.) would be disastrous in terms of higher moral ground in the courts.
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Old Apr 11, 2014, 03:23 PM   #4
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It sickens me that a company profits by sitting on patents. It's just as bad as the trolls who buy up numerous online sites and hold on to them, selling them for ridiculous amounts. It's lazy and benefits no one.
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Old Apr 11, 2014, 05:05 PM   #5
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It sickens me that a company profits by sitting on patents. It's just as bad as the trolls who buy up numerous online sites and hold on to them, selling them for ridiculous amounts. It's lazy and benefits no one.
No it's called business. I buy stocks in hopes of a good ROI, a dividend or rise in prices. Buy a house and rent it out then sell it later. Buy low sell high. Franchises. Real estate. Why not patents?
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Old Apr 11, 2014, 05:20 PM   #6
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Originally Posted by rekhyt View Post
Smart.

Any involvement by Apple in such a venture (with the use of patents as an offensive weapon, seeking to license or deliberately hinder competition, as opposed to defensive ('stealing'/taking 'heavy inspiration' from competitors) capability.) would be disastrous in terms of higher moral ground in the courts.
They have the moral high ground in courts?
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Old Apr 11, 2014, 05:26 PM   #7
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Apple bought in on the Kodak patents because those are relevant to Apple's business. I'm glad Apple bought what they needed and has no interest in supporting a patent troll.
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Old Apr 11, 2014, 09:08 PM   #8
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I almost thought this was the same patent troll that was suing iPhone and Android developers left and right in the past... hmmm what was the name of that company..
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Old Apr 12, 2014, 03:03 AM   #9
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I almost thought this was the same patent troll that was suing iPhone and Android developers left and right in the past... hmmm what was the name of that company..
Lodsys?
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Old Apr 13, 2014, 11:26 PM   #10
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Originally Posted by bedifferent View Post
It sickens me that a company profits by sitting on patents. It's just as bad as the trolls who buy up numerous online sites and hold on to them, selling them for ridiculous amounts. It's lazy and benefits no one.
Factually incorrect, it does benefit the hoarder.

Sorry, in a smartypants mood this morning...

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Old Apr 13, 2014, 11:33 PM   #11
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Originally Posted by bedifferent View Post
It sickens me that a company profits by sitting on patents. It's just as bad as the trolls who buy up numerous online sites and hold on to them, selling them for ridiculous amounts. It's lazy and benefits no one.
We definitely need changes to how patents are done, but this seems like a group of companies buying patents together and then setting up a company to hold them which I think is a bit better than just one company owning them.
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Old Apr 14, 2014, 02:02 PM   #12
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Originally Posted by bedifferent View Post
It sickens me that a company profits by sitting on patents. It's just as bad as the trolls who buy up numerous online sites and hold on to them, selling them for ridiculous amounts. It's lazy and benefits no one.
Agreed. Welcome to unrestrained capitalist greed and speculation. Ethics has no place in capitalism, right? "The only ethical system" my ass.

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Originally Posted by Klae17 View Post
No it's called business. I buy stocks in hopes of a good ROI, a dividend or rise in prices. Buy a house and rent it out then sell it later. Buy low sell high. Franchises. Real estate. Why not patents?
Yeah, the defense of unethical and society-destroying (market-destroying) behaviors by way of calling them "business". Why not patents? Because it defeats the entire point of patent law!! The system is so beyond broken.
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Old Apr 16, 2014, 04:21 PM   #13
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Originally Posted by rekhyt View Post
Smart.

Any involvement by Apple in such a venture (with the use of patents as an offensive weapon, seeking to license or deliberately hinder competition, as opposed to defensive ('stealing'/taking 'heavy inspiration' from competitors) capability.) would be disastrous in terms of higher moral ground in the courts.
Rockstar...

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Originally Posted by jayducharme View Post
Apple bought in on the Kodak patents because those are relevant to Apple's business. I'm glad Apple bought what they needed and has no interest in supporting a patent troll.
They became one when they joined Rockstar
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