Intel ducks out of WiLAN patent suit with settlement
updated 03:40 pm EST, Fri January 14, 2011
Intel settles with WiLAN over wireless patents
Intel has paid out a settlement to Canadian firm WiLAN after being one of the many companies sued over key technology for Wi-Fi and DSL power management back in 2007. This puts an end to the litigation between the two companies, but the value of the settlement hasn't been revealed, according to a Friday report. Intel has paid for use of the patented technology.
Late last month, WiLAN delayed the trial until early February, and expects to sign a definitive agreement with Intel in a matter of weeks.
Other companies still involved in the lawsuit include Apple, Dell, HP and more. WiLAN has widely been regarded as a patent troll as it no longer makes any of its own products and instead tries to push for royalties and settlements.
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"trolls" no more
The recent Intellectual Ventures suits present just one example showing that the NPE (“patent troll”) business model is fast becoming dominant in the world of IP. Thomas Edison held over 1,000 patents, but practiced none of them. He invented, which is what he did best, and let others manufacture products from his inventions. If an inventor cannot sue for patent infringement and recover damages, they why should anyone invent anything? Only vigorous patent enforcement rewards inventors for their inventions and incentivizes others to invent.
http://www.generalpatent.com/media/videos/patent-troll