Foxconn has agreed to acquire Sharp for a mere $3.5 billion, says a Reuters headline. Foxconn, as you may know, is the maker of the Apple iPhone. It wants Sharp’s technology, patents and manufacturing.
The Supreme Court has granted Samsung’s appeal of a $500 million dollar judgment rendered on the latter’s infringement of Apple’s smartphone (iPhone) design patent. If your company owns patents, you may wonder: What effect will Apple-Samsung have on your patent program? More practically, how can you and your company make money on your patents starting now, in the “incubation period” of […]
Fifty-eight years ago today, Kirk Godtfred of Lego filed his patent application on the basic building block, literally, of Lego’s billion dollar private fortune. Now, here’s the thing: A patent filed 58 years ago is long expired. The then-standard-17-year term ended in 1978. So how is it that Lego is still the only game in town?
Johnson Controls and Tyco International have announced plans to merge in a multi-billion dollar deal. They will make their home together in Ireland, where they can take advantage of lower tax rates. A company has to make money, though, before it needs to worry about taxes. Lost in the Wall Street Journal’s extensive coverage of […]
In this part 2 of a series on 4 W’s of patent, we will consider the what of patent, specifically, the reasons to focus on patenting inventions that are “in your wheelhouse.” In this article, we will address three “what” questions: What is a patent? What kinds of inventions should you patent? (Are they in your […]
In a patent, which is better: A picture or 1,000 words? For patent purposes, it’s important to provide considerable detail in drawings and descriptions. Some foresight is required, because support is required as of the filing date for the originally filed claims and for amendments that may become desirable during prosecution. In this article, we will consider […]