This is a lucrative time for intellectual property. Earlier this year, Kodak, the bankrupt company that invented the digital camera, sold its portfolio of 1,100 digital photography-related patents to a dozen licensees, including Apple, Microsoft and Google for $525 million. Last spring, Google bought Motorola Mobility with its 17,000 patents, for $12.5 billion, to protect its Android mobile operating systems from rivals. Also last year, Microsoft acquired 800 patents from AOL for more than $1 billion, only to turn around and sell 70% of them to Facebook for $550 million in cash.
Read the full post at Forbes.
Joseph Hadzima is a senior lecturer at the MIT Sloan School of Management and the Martin Trust Center for MIT Entrepreneurship