Feeds

IBM patents making money from patents

Paging MC Escher...

Reducing security risks from open source software

Sometime computer maker and intellectual property clearing house IBM has threatened the fabric of space-time by attempting to patent profiting from patents.

A filing at the US Patent Office, entitled "system and method for extracting value from a portfolio of assets" stages a landgrab on the thoroughly original idea of letting other people use your ideas.

IBM's intellectual property carpet baggers describe the invention as "obtaining an interest in selected assets from the portfolio to a client who lacks the resources to accumulate and maintain such a portfolio, in return for an annuity stream to the portfolio owner". Or, en Anglais, patent licensing.

The audacious application was originally made in April 2006, and tweaked this year. It was published by the Patent Office last Thursday.

It'll come as a shock to SCO, Broadcom, Qualcomm et al, for who licensing and doggedly going to court over their patent portfolios is a major thrust of business.

If Big Blue gets its way, Microsoft's promises to Novell and Xandros not to sue over alleged infringements of its Windows patent portfolio ought to mean Redmond pays a kickback to IBM.

Intellectual property will have finally eaten itself, and we'll be in the corner mumbling and drinking diesel from a plastic champagne flute.

There's a precedent to suggest IBM might see sense, however. Earlier this month IBM dropped a separate attempt to patent outsourcing. It said it had changed its policies so it would pursue fewer frivolous applications and aim to lockdown original technical innovations, rather than tenuous "business methods".

There's an AP report on the patenting patent here. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.