Acacia Hoards More Patents

from the this-is-innovation? dept

Acacia, the company that makes all of its money by using questionable patents to sue companies, has just acquired many more such patents by buying up a similar firm. So, now we have a company that does nothing to actually help innovate, but uses obvious patents that never should have been granted to extract a toll from plenty of companies that do innovate. And people wonder why some people think the patent system is broken? Once again, it looks like patent hoarding is going big time. It's no longer going to be about small individual patent hoarding shops -- but about big corporate powers who do nothing but sit on patents and send out lawyers asking for money.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Steve Mueller, 17 Dec 2004 @ 10:19am

    How They Make Their Money

    Acacia, the company that makes all of its money by using questionable patents to sue companies[....]
    A C|Net article I read said that Acacia's intellectual property division didn't make any products, but a related company did make some biotech and genomics products. That's not to say Acacia doesn't suck big time, and I don't know what "related" actually means here, but let's be factual about saying how much they suck.

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.