Friday, 1 November 2013

Intellectual Ventures demands $310m for Cyber Security patent fees

Intellectual Ventures, the notable patent troll, is demanding $310m from Symantec and Trend Micro for the use of patents it has the rights to, according to Computer Business Review . I should imagine this will strke fear in a lot of cyber security companies.

I am not sure about their defence though, based on the idea that a patent acquired for less than a million dollars could not be worth so much. Until the legal process is resolved this may, however, raise the price of cyber security patents on the market.

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