Printed from http://www.electronista.com

LG gets license from Intellectual Ventures to avoid lawsuits

updated 11:30 am EST, Tue November 8, 2011

LG takes patent deal with IV to head off attacks

LG on Tuesday said it had reached a patent licensing deal with Intellectual Ventures. The deal gives it access to over 35,000 patents, including outside its usual fields. LG called it a "critical element" to their strategy that would let it defend against lawsuits as well as file countering lawsuits of its own.

It's unclear how voluntary the deal might be. While companies have been known to proactively seek out a license, Intellectual Ventures often makes offers under threat, claiming that companies violate its patents and that doing business with the company is the only way to avoid a court battle. LG does face legitimate pressure from elsewhere, such as Microsoft and Oracle.

Intellectual Ventures has been on the attack in recent months, suing Motorola, Best Buy, Dell, and much of the technology industry to force royalty payments for technology Intellectual Ventures claims to own.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Sponsor

toggle

Most Commented

 
toggle

Popular News