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Page 1 of 5 Archive - June 2012

Thick fudge drips from EU patent deal as paradise is postponed for a little longer - UPDATE

And so after decades of talking and 10 years plus of hard bargaining, today European leaders agreed to the creation of a unitary patent system. The decision has been greeted with enthusiasm from a variety of quarters including the EPO, the USPTO and the European Commission. Having had its negotiating position rightly lambasted by a Parliamentary committee as not fit for purpose earlier this week, the UK suddenly got very serious yesterday and threatened to bring the deal down if ...

Posted by Joff Wild, IAM Magazine on 29 June 2012 @ 6:14PM
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RIM and Nokia tipped to take portfolios to market by leading IP investor

RIM ands Nokia could well be the next big companies to bring large patent portfolios to market, says Peter Holden, head of the IP investment group at Coller Capital. In an exclusive video interview conducted at the IP Business Congress, Holden stated that interest in patent-based acquisitions has sustained over the year since the Nortel auction and that sectors outside of telecoms are now also attracting significant attention from buyers. Holden explained why he believes that that ...

Posted by Joff Wild, IAM Magazine on 29 June 2012 @ 2:25PM
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Does Qualcomm’s restructure offer a new business model for patent owners?

Chip-maker Qualcomm has announced that it is planning to split its business in two in a strategy intended to protect its most valuable patents while allowing the company the freedom to diversify into other areas. A statement issued yesterday explained that the parent company will retain most of Qualcomm’s patent portfolio and the licensing division: meanwhile, a new, wholly-owned subsidiary called Qualcomm Technologies, Inc (QTI) has been created for R&D and the ...

Posted by Helen Sloan, IAM Magazine on 29 June 2012 @ 11:28AM
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Having raised the stakes on the EU patent the British government cannot back down

On 21st June, the Business, Innovations and Skills Committee of the UK House of Commons which, among other things, monitors British government IP policy, produced its response to the findings of the Hargreaves Review of Intellectual Property, which came out last year. Tucked away at paragraphs 147 and 148, you’ll find this devastatingly accurate assessment of the government’s negotiating stance, or lack of it, with regard to the EU unitary patent and court. They also ...

Posted by Joff Wild, IAM Magazine on 29 June 2012 @ 11:03AM
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The PR genius of messrs Bessen and Meurer

The BBC published a news report on Tuesday about a paper released by Boston University professors James Bessen and Michael Meurer on Monday. The report’s headline was 'Patent trolls' cost other US bodies $29bn last year, says study. You can read what Bessen and Meurer have to say here; while both the Gametime IP and Patentology blogs have published pieces that question the assumptions the two make, as well as the conclusions they reach. For me, the most important point to ...

Posted by Joff Wild, IAM Magazine on 28 June 2012 @ 6:35PM
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We should be granting fewer patents of higher quality, says EPO president

Patent offices should be focusing on quality not quantity when it comes to granting rights, Benoît Battistelli, the president of the EPO, has stated in a video interview recorded at the IP Business Congress. Speaking after taking part in the first plenary session of the event, Battistelli stated that the exclusionary nature of patents mean that they run contrary to normal rules of competition and so should only be awarded after very careful consideration. Dismissing concerns ...

Posted by Joff Wild, IAM Magazine on 28 June 2012 @ 5:35PM
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Investment banker ready to spend tens of millions of dollars on taking IP pure play public

There are significant opportunities in creating an IP pure play and then taking it public, a niche investment banker has told IAM. In an exclusive interview recorded at the IP Business Congress, Michael Rapp, chairman of Broadband Capital Management, explained why he is ready to invest tens of millions of dollars in building an IP business with a view to moving it to IPO, as well as why such a business would benefit from being publicly-held. According to Rapp, building an IP ...

Posted by Joff Wild, IAM Magazine on 28 June 2012 @ 2:02PM
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We are not a troll, but a former practising entity, says Rockstar Consortium chief

In an exclusive interview at this year's IP Business Congress, conducted with IAM’s Jack Ellis, John Veschi, CEO of Rockstar Consortium – the business that now manages the Nortel patent portfolio acquired by six companies at auction in New York last June – hit out at those who describe the firm as a troll. Labelling Rockstar an FPE (former practising entity), Veschi explained that but for circumstances beyond their control, he and his team – most of whom ...

Posted by Joff Wild, IAM Magazine on 28 June 2012 @ 10:38AM
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Kappos explains concerns over FRAND-related injunctions and calls for balanced approach

In an exclusive video interview conducted at the IP Business Congress in Cascais, Portugal, USPTO Director David Kappos has spoken in depth about how the office is currently implementing the America Invents Act, legislation that he described as the most far-reaching in the US since the 19th century. The office is well-resourced to do the job, Kappos stated, even though the shadow of diversion has not yet been completely lifted; while most of those who objected to the more ...

Posted by Joff Wild, IAM Magazine on 27 June 2012 @ 10:32AM
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EU patent court functions to be split three ways in classic Euro-fudge

A compromise solution to the wrangling currently taking place over which city should play host to the EU patent court is set to be presented at the forthcoming European Council meeting in Brussels. Although the details are sketchy, it seems that under the plans, the court’s functions will be split three ways – with a central registry and division in Paris, which will also be home to the court’s presidency, and certain departments of the court, as well as some ...

Posted by Joff Wild, IAM Magazine on 27 June 2012 @ 7:54AM
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