updated 02:00 pm EDT, Thu October 6, 2011
Intellectual Ventures now takes Motorola to court
Intellectual Ventures swung back into its patent lawsuit campaign by targeting Motorola Mobility, with the company now filing a patent infringement complaint (PDF) in the US District Court of Delaware. According to the company's Chief Litigation Counsel Melissa Finocchio said Intellectual Ventures and Motorola Mobility weren't able to reach a licensing agreement after lengthy negotiations. It thus has a responsibility to its current customers and investors to defend its intellectual property rights, the company claimed.
The patent firm has, earlier this year, successfully made a deal with RIM and sued a number of companies including Adata, Elpida, Hynix and Kingston over memory patents. Also named in the suit were ASUS, Acer, Dell, HP and Logitech along with Best Buy and Walmart who sell the products.
Last year, HTC and Samsung have also signed deals with IV.
Intellectual Ventures prefers not to be called a patent troll but offers the option of companies paying it small royalties in order to avoid larger payouts or settlements in the long term. It occasionally develops technology but still makes most of its income through lawsuits and licenses.