Monday, August 18, 2014 3:35:50 PM
Conversely, a company can buy other people's inventions and still be a practicing entity.
Retail investors and journalists make too big of an issue of NPE and other classifications for patent owners. The truth is there are simply no black & white categorizations that we can place each company into. The lines are blurry, and each company is unique and has its own model.
One of the biggest patent creators in the wireless sector is IDCC, a true pioneer of wireless standards. IDCC is an NPE for all intents and purposes.
VRNG may have bought the IPE patents they used to sue Google, but VRNG's own employees/executives/consulatants (Lang & Kosak) were the original creators of the patents having invented them while working at Lycos.
Again, being an NPE, a troll, a PAE, a PE, a pioneer, a profiteer, or any other classification of patent owner isn't that important. What's important is the quality of the intellectual property owned and the opportunity to assert the patents and monetize them.
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