Menu
Google, Dropbox band together to fight patent trolls

Google, Dropbox band together to fight patent trolls

A new group seeks to provide its members insulation against attacks by patent trolls

Google, Dropbox and a few other high-tech firms have come up with a new way to help defend themselves against patent trolls.

Patent trolls, or "non-practicing entities," are companies that buy up old patents and try to monetize them by accusing others of infringement. They usually request a one-off licensing fee to end a lawsuit, something many companies reluctantly pay because it's cheaper than defending the claim.

The practice has become a significant problem in the high-tech field, in part because of the complex nature of modern software and hardware.

In an attempt to stop it, six high-tech companies have banded together to launch the License on Transfer Network, or LOT Network.

Members of Lotnet retain full ownership and licensing rights of their patents, but they agree to provide each other with a royalty-free license should any of the patents ever be sold.

That means if Dropbox, for instance, sells a patent on data storage to a third party, Google and the other members will first receive a license to the technology. That should insulate them from any lawsuits brought by the patent's new owner.

Besides Google and Dropbox, the launch members include SAP, Canon, Asana and Newegg. They hope the agreement will reduce the nuisance of patent trolling.

"The LOT Network is a sort of arms control for the patent world," said Allen Lo, deputy general counsel for patents at Google, in a statement. "By working together, we can cut down on patent litigation, allowing us to focus instead on building great products."

The group is offering membership to other technology companies.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags GooglelegalSAPdropboxCanonintellectual propertypatentCivil lawsuitsNeweggAsana

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments