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Patent troll gets just rewards |
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Written by Felix Da Silva (fdasilva@bitnip.com)
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Tuesday, 27 November 2007 |
Acacia Research, a famous patent troll, lost its first day in a court in Texas against Microsoft and its stock dropped 33 percent.
Acacia Research, recently went after
Red Hat and Novell, was seeking $900 million in damages from Microsoft accusing them of infringing their patents.
In addition to finding that Microsoft did not infringe on an Acacia patent
related to technology used to quickly power up computers, the jury invalidated the patent
itself.
In its decision, the jury found that Acacia's patent lacked originality, and
failed to provide instruction on how to develop the technology in question.
As you can see from Google Finance, Acacia Research's stock dropped significantly when the news was announced.
However, not to worry, an Acacia partner filed a separate suit against Microsoft, Apple and other
companies earlier this week over a patent related to technology that places text
in word processing documents.
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