Cisco deal shows reports of patent licensing’s death have been greatly exaggerated.
Patent licensing may no longer be what it once was in areas of art like smart phones and consumer electronics, where the royalty stack can be as high as an Asian office tower, and courts and lawmakers have rendered legitimate patent enforcement an obstacle course.
But high stakes patent licensing is alive and well, and it does not necessarily require a Markman hearing or impending trial to get a deal done.
Kudos to Joff Wild and the IAM team for breaking the sparsely reported story on Cisco’s patent settlement with Rockstar for $188M. A decade or more ago the numbers may have been even more impressive, but in a sector that has been decimated by patent-adverse legislation and court decisions, things may not be as bad as they appear.
“Cisco has agreed to settle with Rockstar on…
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