Red Hat and Lenovo Entice Startups to Join Anti-Troll Network

Four years ago, Google and Canon founded the non-profit LOT (License on Transfer) Network to combat litigation by trolls — companies that don’t make products, but seek profits from challenging patents. Now, Red Hat and Lenovo Group, two of LOT’s 224 members, are offering free patents to any startup that joins the group. When the dotcom bubble burst 20 years ago, bankrupt firms sold their patents, which were bought by speculators. Patent suits are declining, but are still an issue for companies of all sizes. Continue reading Red Hat and Lenovo Entice Startups to Join Anti-Troll Network

To Combat Patent Trolls, Google Offers Patents to Startups

Google has started a program to give away up to two non-organic patent families to startups. The offer requires those startups that gain patents to join the LOT Network, a cross-company licensing drive to decrease the number of patent-trolling suits. Canon, Dropbox, Pandora and SAP are among the other members of the LOT Network. This new move comes on the heels of Google’s April launch of a pop-up marketplace for companies to sell patents to Google. Google bought 28 percent of the total offered, some of which are available in this new program. Continue reading To Combat Patent Trolls, Google Offers Patents to Startups