THE GOOD thing about the Oracle lawsuit (which is generally very bad [1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12]) is that it motivates more people to end software patents right now.
Of course, the unfortunate reality is that this won't actually solve the backlog problem at all. You would think, with all the engineering/operations brains at the Patent Office, that they would understand that this will only make the backlog worse. Approving junk patents only makes it more lucrative to file ever more ridiculous patent applications, which only increases the backlog. In rushing through more patents, it only encourages a bigger and bigger backlog. In treating the symptoms, rather than the actual disease, we're making the disease much, much worse.
Last fall we wrote about how a company named Ultramercial had sued Hulu, YouTube and WildTangent over patent 7,346,545 for requiring people to watch an ad before being able to access content. It resulted in an interesting discussion in our comments, where some patent system defenders insisted that the patent was perfectly legit. Unfortunately, the court disagrees with those folks. It has ruled that the patent is not valid (the ruling covers Hulu and WildTangent -- YouTube was dismissed from the case). Perhaps most interesting is the fact that the court chose to use the "machine or transformation test" for judging the patent. While some have read the Bilski ruling to "reject" the "machine or transformation" test, that's not quite true.
Software patents are broken and the only possible justification for having them is self-defence (which is itself a risky accumulation of armaments). Perhaps OIN and the Linux Foundation need to make membership conditional on members taking no first action against each other with software patents?
Acacia Research Corp. in Newport Beach has established a fund to buy, license and enforce patents and other intellectual property.
The Acacia Intellectual Property Fund LP has received an initial $27 million from an unnamed institutional investment group. An Acacia subsidiary will be the fund’s general partner.
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Acacia recently announced two separate settlements with IBM for undisclosed terms to license Acacia-owned patents for monitoring computer applications. One lawsuit was pending in federal court in Texas and the other in Nebraska.