Ericsson Looks to Patents for Additional Income
Ericsson CEO Hans Vestberg has indicated that the company plans to flex its patent muscle in order to generate more revenue. "By 2015 two thirds of all consumer electronics devices will have some sort of connectivity," Vestberg said in an interview with BusinessWeek. "Any company or manufacturer that wants to get in there will need an agreement with Ericsson." Ericsson owns the rights to about 27,000 patents, which cover "basically everything in the telecom industry," according to Vestberg. The company is looking at its Wi-Fi patents, as well as those concerning Web search and optical transmissions in particular. The company has yet to decide the best coarse of action to take, though it appears to want to steer clear of bilateral agreements and may instead target chip makers directly. Patented technology has become a source of income — and litigation — for many players in the telecommunications and smartphone industry. Vestberg said that using its patents to earn additional revenue could help even out its quarterly performance.
Apple's Patent Consortium to Sell 4,000 Patents for $900M
Rockstar Consortium, a patent-holding company headed by Apple, has agreed to sell more than 4,000 mobile patents for about $900 million. Apple and partners Microsoft, BlackBerry, Ericsson, and Sony paid $4.5 billion for more than 6,000 patents from Nortel four years ago in order to help protect against litigation.
ITC to Investigate Ericsson's Patent Claims Against Apple
The U.S. International Trade Commission agreed to examine Ericsson's claims that Apple is violating its wireless patents.
Ericsson Sues Apple in Three Countries Over Patent Misuse
Ericsson today stepped up its legal action against Apple with new lawsuits filed in the U.K., the Netherlands, and Germany. Ericsson asserts Apple is using its wireless technology patents without the proper licenses.
Apple and Ericsson Argue Over LTE Patents
Apple and Ericsson have filed legal grievances against one another regarding the value of LTE patents. A patent agreement between the two companies expired two years ago and they have failed to come to terms in signing a new one.
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