But now Intellectual Ventures has started selling some of its 27,000 patents to people who aren’t afraid to sue — and in some cases IV will get a share of the prize. It’s a scary scenario for tech companies that may end up in the legal cross hairs, but industry observers say it was only a matter of time.
“They have made commitments to investors and companies to monetize in some form or fashion billions of dollars of patents,” said Dan McCurdy, founder of PatentFreedom, which tracks nonpracticing entities, or patent trolls. “In my view, it’s inevitable: Whether they do it themselves or through a third party, they’re going to have to litigate.”
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