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Archived updates for Monday, August 15, 2005

Ross Perot a Patent Troll?

According to an August 9, 2005 article from Forbes, "Billionaire Ross Perot is the principal investor in a $200 million private equity fund set up to buy companies with undervalued patent portfolios--the first time that a private equity fund has been established solely to invest in intellectual property. . . . Another player betting on patents is former Microsoft Chief Technology Officer Nathan Myhrvold. His company, Seattle-based Intellectual Ventures, behaves more like a patent factory, however, employing inventors and patent lawyers to develop and patent valuable new ideas. "

More about "patent trolls" and other such "patent Foolishness."
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