December 08, 2011
There are more losers than winners with software patents
Today, it seems to be common rhetoric that if you are a successful software startup, you will eventually be sued. If you have conducted business in this industry for any length of time, you likely know of a company that has become the target of a software patent suit.
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Monica Goyal
At times, the persons who come knocking on the door are those, whose only business assets are patents, where they don’t actually make any products. They usually seek some form of royalty from a legitimate business enterprise.
Another example can be seen with interactive television programme guides. Gemstar, acquired by Macrovision (now Rovi Corporation), holds the intellectual property rights for numerous interactive television programme guides, effectively controlling how millions of people find their favourite television shows.
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