Xilinx Lawsuit Reveals More Of Intellectual Ventures’ Strategy

Stamped and filed on September 2, 2011, a brand-spanking new lawsuit (courtesy of my friends at PriorSmart, and embedded below) from Xilinx (the Intellectual Ventures investor-turned-target) accuses IV of “unlawful, unfair or fraudulent business practices,” simultaneously shedding dim light on IV’s opaque array of holding companies and their general licensing strategy.  According to Xilinx, the company was approached in 2004 about investing in one of IV’s patent acquisition funds.  In 2005, and again in 2008, Xilinx agreed to participate in Intellectual Ventures Funds I and II, respectively, although Xilinx remains silent as to the amount of its investment in either fund.