Industry Expert Blogs
Patents as CommoditiesEETimes Blog - Anne Cappella, Engineer & Patent AttorneySep. 05, 2013 |
No longer simply a decorative plaque on the wall or a mere asset on a balance sheet, patents are quickly becoming valuable commodities to be bought, sold, and bartered by sophisticated businesses and market players.
As a result of rising patent damages awards and as evidenced by recent high-profile patent transactions -- from the $4.5 billion sale of Nortel's patents, to the $12.5 billion purchase of Motorola Mobility by Google, to Kodak's $527 million sale of 1,100 digital imaging patents -- the patent market is thriving as product manufacturers, patent aggregators, and licensing entities alike are acquiring patents. This phenomenon is not limited to large-scale purchases; smaller portfolio transactions are increasingly commonplace. Indeed, healthy and distressed companies alike are marketing their patents.