PatentFreedom
Encyclopedia
PatentFreedom LLC is an on-line community of companies that share information about non-practicing entities
that own and enforce patent
s primarily to collect license fee
s. Membership is restricted to companies that have more than $100 million in sales per year, exclusive of any income they themselves earn from patent licensing. It was founded in May 2008.
The information includes who the entities are, who is funding them, and who they have asserted their patents against. Membership is restricted to companies that have over $100 million per year in revenue exclusive of any revenue they themselves earn from licensing patents.
PatentFreedom has electronic dossiers on 180 entities, 800 subsidiaries and more than 10,000 United States patents and applications.
12 companies have joined.
Patent troll
Patent troll is a pejorative but questioned term used for a person or company who is a non-practicing inventor, and buys and enforces patents against one or more alleged infringers in a manner considered by the target or observers as unduly aggressive or opportunistic, often with no intention to...
that own and enforce patent
Patent
A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....
s primarily to collect license fee
License fee
License fee may mean:*a fee paid for a license in general*a fee paid for a television licence...
s. Membership is restricted to companies that have more than $100 million in sales per year, exclusive of any income they themselves earn from patent licensing. It was founded in May 2008.
Business model
PatentFreedom is a membership organization where members pay an annual dues and have access to information provided by other members about non-practicing entities who are asserting patents. It is hoped that the sharing of information will help the member companies reduce their exposure to patent infringement lawsuits.The information includes who the entities are, who is funding them, and who they have asserted their patents against. Membership is restricted to companies that have over $100 million per year in revenue exclusive of any revenue they themselves earn from licensing patents.
PatentFreedom has electronic dossiers on 180 entities, 800 subsidiaries and more than 10,000 United States patents and applications.
12 companies have joined.
See also
- Allied Security TrustAllied Security TrustAllied Security Trust is a member based patent holding company that helps protect members from patent infringement lawsuits by non-practicing entities.-Business:...
- Coalition for Patent FairnessCoalition for Patent FairnessThe Coalition for Patent Fairness is an ad hoc organization of companies who are lobbying for reforms to the US patent system. In general they believe that the United States Patent and Trademark Office is too prone to grant overly broad patents...
- Nathan MyhrvoldNathan MyhrvoldNathan Paul Myhrvold , formerly Chief Technology Officer at Microsoft, is co-founder of Intellectual Ventures. Myhrvold, usually with coinventors, holds 17 U.S. patents assigned to Microsoft and has applied for more than 500 patents. In addition, Myhrvold and coinventors hold 115 U.S...
- Patent trollPatent trollPatent troll is a pejorative but questioned term used for a person or company who is a non-practicing inventor, and buys and enforces patents against one or more alleged infringers in a manner considered by the target or observers as unduly aggressive or opportunistic, often with no intention to...
- Patent Troll TrackerRichard FrenkelRichard "Rick" G. Frenkel was an in-house intellectual property counsel and director of intellectual property at Cisco Systems.Michelle Massey, , The Southeast Texas Record, March 13, 2008. Retrieved on March 15, 2008...