Aren't institutions of higher education meant to do research to propogate information in a free society? Universities aren't businesses (at least not in the manufacturing/production sense). Was the university going to be using their patents to develop products? If this proves to be successful, this might start a trend in university suing over patents/research papers...
Many universities, or their licensing arms, frequently file patent lawsuits to obtain licensing fees for their IP. Very often, this revenue is used to fund future research. That's how a lot of university research is funded, by licensing the product/outcome/results of that research.
As expensive as they are, undergraduate tuition doesn't cover ALL the costs of running a university. All those labs, professors, grad students, scholarships, stipends, and research grants, which allow for research that can take decades, aren't covered entirely by just undergrad tuition. Licensing their IP to industry players is a great way to support this research.
The idea that you must develop a product in order to benefit from the property rights of a patent is absurd and would cause havoc to our economy if implemented.
Next target will be Intel, AMD, Qualcomm, Mediatek, TI, Nvidia, Samsung. Nobody can make multicore processor without the patent, if it's allowed. It shouldn't be a patent.
They already sued Intel. My guess from the record is Intel settled right before trial.
Sounds like a standard used by many chipmakers, so this patent should be thrown out.
Apple already tried that argument, and lost, in an IPR. It's worth noting that today's trend is that the USPTO is
invalidating more than 75% of patents in these new IPR proceedings. The fact this patent survived an IPR speaks a lot to it's strong validity.