Gametime IP
Peter Detkin
Patent Scholars Challenge Bessen & Meurer’s Bogus $29 B NPE Costs Figure
In a paper published on July 25, 2012 (available from SSRN), Chicago-area scholars David Schwartz and Jay Kesan challenge a study by Boston University professors James Bessen and Michael Meurer, which claimed that patent litigation generated by so-called “non-practicing entities” imposes direct costs of $29 B. Intellectual Ventures’ Peter Detkin and Patentology’s Mark Summerfield already … Continue reading
Do NPE’s “Cost” Us $29 B? Intellectual Ventures Co-Founder Peter Detkin Sets The Record Straight
The BBC ran another article in a tired meme about evil patent owners supposedly “costing” billions per year. Of course, the article doesn’t specify who supposedly bore this $29 B “cost” or how it was calculated, but instead cites a Boston University paper by Professors James Bessen and Michael Meurer. According to the BBC article, … Continue reading
Intellectual Ventures Proves There Are No Mechanized Patent Owners
As reported by my colleagues at Patent Calls, Intellectual Ventures sued Hynix and Elpida (again) on July 11, along with 9 of their customers for allegedly infringing 5 (more) of its patents. At issue are four patents previously owned by Cirrus Logic, which also was the previous owner of patents in IV’s first round of … Continue reading
More Intellectual Ventures News: Whistle Blower Names Names, And Reaction To Round Rock Connection
Cassius Elston, Jr., former Director of Acquisitions (and later consultant) accuses Intellectual Ventures Management of unethical behavior in a revealing court-filing complete with name-dropping of several high profile companies apparently interested in selling patents to IV. Continue reading
Did Intellectual Ventures Drive Micron To Privateer Patent Enforcement?
The official story notwithstanding, the real architect of the Micron-to-Round Rock patent sale may actually have been none other than Intellectual Ventures. Consider the facts that the amount received by Micron for the patents, and the amount Micron paid for a license to IV patents were each small enough to escape SEC reporting obligations. This alone suggests that both parties were cooperating for mutual advantage, which included influencing John Desmarais to leave Kirkland to form his own practice, simultaneously freeing him up to represent Intellectual Ventures. Further, the source of Round Rock’s funding has been shrouded in secrecy, but traceable to Intellectual Ventures. The benefits to Micron are obvious. Shifting 20% of its patents to a private party gives Intellectual Ventures the possibility of generating for more revenue that Micron would have been willing to pay in cash, arms privateers with resources to pursue Micron’s competition and eliminates the significant maintenance cost associated with the patents. Continue reading
