EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

03.04.18

A Publicly-Traded Troll, InterDigital, is Trying Hard to Recover Lost Momentum by Adding Tens of Thousands of Technicolor Patents/Applications

Posted in America, Europe, Patents at 10:49 am by Dr. Roy Schestowitz

Technicolor lets a professional (publicly-traded) troll do the ‘enforcement’, i.e. trolling

InterDigital and Technicolor

Summary: InterDigital takes 21,000 Technicolor patents (or applications) for just $150m cash upfront; this quite likely means that InterDigital will get a lot more aggressive, whereas Technicolor will belatedly distance itself from its recently-more-apparent trolling tactics

THE litigation ‘climate’ in the US is negative to those whose make their livelihood out of litigation alone. Even more so if they rely on software patents. Their USPTO-granted patents often turn out to be worthless (when asserted in court), resulting in devaluation of their so-called ‘portfolio’. We have given many examples lately. Some patent trolls lost so much value that they turned from actual companies into penny stocks with no products at all. Good riddance. Dumpsters.

“Some patent trolls lost so much value that they turned from actual companies into penny stocks with no products at all.”Just as rumoured (credit to IAM for this), InterDigital is attempting to remains relevant by absorbing patents from a company-turned-troll, Technicolor.

“Still hearing that deal between InterDigital and Technicolor involving the latter’s patent licensing biz is happening,” someone from IAM wrote some days ago. “Will be very interesting to see the price tag and how much is paid upfront…”

Here (later) came the numbers: “InterDigital gets: • 21,000 patents & applications • Technicolor’s licensing & patent staff Technicolor gets: • $150m cash upfront • 42.5% of future licensing cash receipts • Perpetual licence to transacted patents” (based on this press release from the first of the month). Sounds like an awfully low price, akin to a garden sale.

“InterDigital attempts to become more vicious by taking more shoddy patents under its wing.”IAM was then bragging about the ‘scoop’: “You heard it here first, of course!!”

Yes, credit deserved. As we explained several times before, we don’t agree with IAM on a lot of things, but they do tend to get information earlier than most (from sources/contacts they have).

InterDigital attempts to become more vicious by taking more shoddy patents under its wing. We wrote a lot of articles about InterDigital over the years. Remember that French companies and the French patent office aren’t exactly renowned for quality of patents. The latter (INPI) does not even bother with examination.

There’s press coverage about this transaction (but not much). Reuters wrote:

French media and entertainment company Technicolor (TCH.PA) said on Thursday it has agreed to sell its patent licensing business to U.S. wireless technology provider InterDigital (IDCC.O) in a deal valuing the unit at $475 million.

Technicolor, which makes video devices, modems, routers and other products, put the business up for sale in December as it sought to concentrate on its operating business after issuing four profit warnings last year when it was hit by rising memory chip prices.

[...]

“The agreement also covers Technicolor’s interest in the joint-licensing program with Sony (6758.T) in the fields of digital TVs and computer display monitors, as well as certain royalty-bearing contracts.”

Mr. Ellis (Former IAM) said: “Technicolor sells (as expected) its patent portfolio & monetization biz to InterDigital for $475m. That’s one of the biggest patent deals in a long time…”

“We expect InterDigital to threaten many companies now; if these threats result in actual lawsuits, then (and only then) the threats will become visible.”“InterDigital’s acquisition of Technicolor’s licensing business gives its patent portfolio a huge boost,” IAM said. The term “portfolio” when used in reference to a troll can be misleading; they’re just stockpiling weapons, much like Intellectual Ventures. IAM soon wrote a blog post about it, in which it stated:

InterDigital confirmed last night that it was buying Technicolor’s licensing business in a transaction valued at $475 million. Once completed the deal will draw a line under the French company’s licensing operation which has long been one of the most prominent in the IP value creation market.

Last year we wrote the following about Technicolor:

It can be said that one troll ‘portfolio’ collapsing onto another isn’t quite as menacing as an actual corporation’s (or university’s) ‘portfolio’ being offloaded for trolls to ‘monetise’.

We expect InterDigital to threaten many companies now; if these threats result in actual lawsuits, then (and only then) the threats will become visible. InterDigital will prey on the weak (those unable to afford legal defense and thus likely to fold quickly and easily). InterDigital is a blood-sucking leech which makes nothing at all, it only negotiates like a Mafia. We have given examples over the years, especially when threats culminated in actual lawsuits.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Links 13/12/2018: IRS Migration, GNOME 3.31.3 Released

    Links for the day



  2. Patent Trial and Appeal Board (PTAB) Decisions Still Uncontroversial Unless One Asks the Patent Maximalists

    Contrary to what the Director of the U.S. Patent and Trademark Office has claimed, PTAB is liked by companies that actually create things and opposition to PTAB comes from power brokers of the Koch brothers, law firms, and trolls (including those who foolishly repeat them)



  3. Latest Talk From IBM’s Manny Schecter Shows That IBM Hasn't Changed and After the Red Hat Takeover It'll Continue to Promote Software Patents

    IBM's hardheaded attitude and patent aggression unaffected by its strategic acquisition of a company that at least claimed to oppose software patents (whilst at the same time pursuing them)



  4. The European Patent Troll Wants as Much Litigation as Possible

    Patent quality is a concept no longer recognisable at the European Patent Office; all that the management understands is speed and PACE, which it conflates with quality in order to register as much cash as possible before the whole thing comes crashing down (bubbles always implode at the end)



  5. António Campinos Turns His 'Boss' Into His Lapdog, Just Like Battistelli and Kongstad

    The European Patent Organisation expects us to believe that Josef Kratochvíl will keep the Office honest while his predecessor, the German who failed to do anything about Battistelli's abuses, becomes officially subservient to António Campinos



  6. Links 12/12/2018: Mesa 18.3.1 Released, CNCF Takes Control of etcd

    Links for the day



  7. EPO Trust, Leadership and Commitment

    "Trust, leadership and commitment" is the latest publication from EPO insiders, who in the absence of free speech and freedom of association for the union/representation are an essential spotlight on EPO abuses



  8. Links 11/12/2018: Tails 3.11, New Firefox, FreeBSD 12.0

    Links for the day



  9. Number of Filings at the Patent Trial and Appeal Board (PTAB) Highest in Almost Two Years

    Patent Trial and Appeal Board (PTAB) inter partes reviews (IPRs), which [cref 113718 typically invalidate software patents by citing 35 U.S.C. § 101], are withstanding negative rhetoric and hostility from Iancu



  10. With 'Brexit' in a Lot of Headlines Team UPC Takes the Unitary Patent Lies up a Notch

    Misinformation continues to run like water; people are expected to believe that the UPC, an inherently EU-centric construct, can magically come to fruition in the UK (or in Europe as a whole)



  11. The EPO Not Only Abandoned the EPC But Also the Biotech Directive

    Last week's decision (T1063/18, EPO Technical Board of Appeal 3.3.04) shows that there's still a long way to go before the Office and the Organisation as a whole fulfil their obligation to those who birthed the Organisation in the first placeLast week's decision (T1063/18, EPO Technical Board of Appeal 3.3.04) shows that there's still a long way to go before the Office and the Organisation as a whole fulfil their obligation to those who birthed the Organisation in the first place



  12. Patents on Abstract Things and on Life (or Patents Which Threaten Lives) Merely Threaten the Very Legitimacy of Patent Offices, Including EPO

    Patent Hubris and maximalism pose a threat or a major risk to the very system that they claim to be championing; by reducing the barrier to entry (i.e. introducing low-quality or socially detrimental patents) they merely embolden ardent critics who demand patent systems as a whole be abolished; the EPO is nowadays a leading example of it



  13. Links 10/12/2018: Linux 4.20 RC6 and Git 2.20

    Links for the day



  14. US Courts Make the United States' Patent System Sane Again

    35 U.S.C. § 101 (Section 101), the Patent Trial and Appeal Board (PTAB) and other factors are making the patent system in the US a lot more sane



  15. Today's USPTO Grants a Lot of Fake Patents, Software Patents That Courts Would Invalidate

    The 35 U.S.C. § 101 effect is very much real; patents on abstract/nonphysical ideas get invalidated en masse (in courts/PTAB) and Director Andrei Iancu refuses to pay attention as if he's above the law and court rulings don't apply to him



  16. A Month After Microsoft Claimed Patent 'Truce' Its Patent Trolls Keep Attacking Microsoft's Rivals

    Microsoft's legal department relies on its vultures (to whom it passes money and patents) to sue its rivals; but other than that, Microsoft is a wonderful company!



  17. Good News: US Supreme Court Rejects Efforts to Revisit Alice, Most Software Patents to Remain Worthless

    35 U.S.C. § 101 will likely remain in tact for a long time to come; courts have come to grips with the status quo, as even the Federal Circuit approves the large majority of invalidations by the Patent Trial and Appeal Board’s (PTAB) panels, initiated by inter partes reviews (IPRs)



  18. Florian Müller's Article About SEPs and the EPO

    Report from the court in Munich, where the EPO is based



  19. EPO Vice-President Željko Topić in New Article About Corruption in Croatia

    The Croatian newspaper 7Dnevno has an outline of what Željko Topić has done in Croatia and in the EPO in Munich; it argues that this seriously erodes Croatia's national brand/identity



  20. The Quality of European Patents Continues to Deteriorate Under António Campinos and Software Patents Are Advocated Every Day

    The EPC in the European Patent Office and 35 U.S.C. § 101 in the USPTO annul most if not all software patents; under António Campinos, however, software patents are being granted in Europe and the USPTO exploits similar tricks



  21. Team UPC is Still Spreading False Rumours in an Effort to Trick Politicians and Pressure Judges

    Abuses at the European Patent Office, political turmoil and an obvious legislative coup by a self-serving occupation that produces nothing have already doomed the Unitary Patent or Unified Patent Court (UPC); so now we deal with complete fabrications from Team UPC as they're struggling to make something out of nothing, anonymously smearing opposition to the UPC and anonymously making stuff up



  22. Patents on Life and Patents That Kill the Poor Would Only Delegitimise the European Patent Office

    After Mayo, Myriad and other SCOTUS cases (the basis of 35 U.S.C. § 101) the U.S. Patent and Trademark Office is reluctant to grant patents on life; the European Patent Office (EPO), however, goes in the opposite direction, even in defiance of the European Patent Convention



  23. EPO 'Untapped Potential'

    "Campinos is diligently looking for ways to further increase the Office’s output without increasing the number of examiners," says the EPO-FLIER team



  24. Links 9/12/2018: New Linux Stable Releases (Notably Linux 4.19.8), RC Coming, and Unifont 11.0.03

    Links for the day



  25. Links 8/12/2018: Mesa 18.3.0, Mageia 7 Beta, WordPress 5.0

    Links for the day



  26. The European Patent Organisation is Like a Private Club and Roland Grossenbacher is Back in It

    In the absence of Benoît Battistelli quality control at the EPO is still not effective; patents are being granted like the sole goal is to increase so-called 'production' (or profit), appeals are being subjected to threats from Office management, and external courts (courts that assess patents outside the jurisdiction of the Office/Organisation) are being targeted with a long-sought replacement like the Unified Patent Court, or UPC (Unitary Patent)



  27. Links 7/12/2018: GNU Guix, GuixSD 0.16.0, GCC 7.4, PHP 7.3.0 Released

    Links for the day



  28. The Federal Circuit's Decision on Ancora Technologies v HTC America is the Rare Exception, Not the Norm

    Even though the PTAB does not automatically reject every patent when 35 U.S.C. § 101 gets invoked we're supposed to think that somehow things are changing in favour of patent maximalists; but all they do is obsess over something old (as old as a month ago) and hardly controversial



  29. The European Patent Office Remains a Lawless Place Where Judges Are Afraid of the Banker in Chief

    With the former banker Campinos replacing the politician Battistelli and seeking to have far more powers it would be insane for the German Constitutional Court to ever allow anything remotely like the UPC; sites that are sponsored by Team UPC, however, try to influence outcomes, pushing patent maximalism and diminishing the role of patent judges



  30. Many of the Same People Are Still in Charge of the European Patent Office Even Though They Broke the Law

    "EPO’s art collection honoured with award," the EPO writes, choosing to distract from what actually goes on at the Office and has never been properly dealt with


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts