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Patent Pool
In patent law, a patent pool is a consortium of at least two companies agreeing to cross-license patents relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money, and, in case of blocking patents, it may also be the only reasonable method for making the invention available to the public. Competition law issues are usually important when a large consortium is formed. History In 1856, sewing machine manufacturers Grover & Baker, Singer, and Wheeler & Wilson, all accusing each other of patent infringement, met in Albany, New York to pursue their suits. Orlando B. Potter, a lawyer and president of Grover & Baker, proposed that, rather than squander their profits on litigation, they pool their patents. This was the first patent pool, a process which enables the production of complicated machines without legal battles over patent rights. In 1917, the two major patent holders for airplanes, the Wright Company and the Curtiss Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patent Law
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A patent is not the grant of a right to make or use or sell. It does not, directly or indirectly, imply any such right. It grants only the right to exclude others. The supposition that a right to make is created by the patent grant is obviously inconsistent with the established distinctions between generic and specific patents, and with the well-known fact that a very considerable portion of the patents granted are in a field covered by a former relatively generic or basic patent, are tributary to such earlier patent, and cannot be practiced unless by license thereunder." – ''Herman v. Youngstown Car Mfg. Co.'', 191 F. 579, 584–85, 112 CCA 185 (6th Cir. 1911) In most countries, patent rights fall under private law and the patent holder mus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wright Brothers Patent War
The Wright brothers patent war centers on the patent they received for their method of airplane flight control. The Wright brothers were two Americans who are widely credited with inventing and building the world's first flyable airplane and making the first controlled, powered and sustained heavier-than-air human flight on December 17, 1903. In 1906, the Wrights received a U.S. patent for their method of flight control. In 1909 they sold the patent to the newly formed Wright Company in return for $100,000 in cash, 40% of the company's stock, and a 10% royalty on all aircraft sold. Investors who injected $1,000,000 into the company were financial barons like Cornelius Vanderbilt, Theodore P. Shonts, Allan A. Ryan, and Morton F. Plant. It was this company that waged the patent war, initially in an attempt to secure a monopoly on U.S. aircraft manufacturing. Unable to do so, they adjusted their legal strategy, suing foreign and domestic aviators and companies, especially another ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Invention Network
Open Invention Network (OIN) is a company that acquires patents and licenses them royalty-free to its community members who, in turn, agree not to assert their own patents against Linux and Linux-related systems and applications. History The company was incorporated on 31 October 2005. Based in Durham, NC, it was founded on November 10 by IBM, Novell, Philips, Red Hat, and Sony. NEC subsequently became a member. In December 2013, Google became a member. In July 2016, it was announced that Toyota became a member. On October 10, 2018, Erich Andersen announced that Microsoft joined as a licensee. Canonical and TomTom are associate members. Keith Bergelt is the chief executive of the company. Bergelt had previously served as President and CEO of Paradox Capital, LLC As of November, 2021 membership in the OIN stood at approximately 3,500 business licensees. The list of applications considered by OIN, according to Red Hat's Mark Webbink, includes Apache, Eclipse, Evolution, Fedora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essential Patent
An essential patent or standard-essential patent (SEP) is a patent that claims an invention that must be used to comply with a technical standard. Standards organizations, therefore, often require members disclose and grant licenses to their patents and pending patent applications that cover a standard that the organization is developing. If a standards organization fails to get licenses to all patents that are essential to complying with a standard, owners of the unlicensed patents may demand or sue for royalties from companies that adopt the standard. This happened for example to the JPEG standard. Determining which patents are essential to a particular standard can be complex. Standardisation organizations require licences of essential patents to be on fair, reasonable, and non-discriminatory (FRAND) terms. See also * Patent ambush, a situation where a member of a standards organization withholds information about patents they own during development of a proposed standard a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avanci
Avanci is a patent pool established in 2016 in the information and communications technology (ICT) space and more specifically in the Internet of things (IoT) space. It provides licenses to cellular technologies for the automotive industry by licensing patents from multiple owners under a single agreement. The company is based in Dallas, Texas, operating through offices in Dublin, Beijing, Tokyo, and Seoul."Contact Us" Company Website ', 1 September 2022. As of 2022, Avanci has a consortium of 51 patent owners in its marketplace licensing their portfolios of eCall, 2G, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essential Patent
An essential patent or standard-essential patent (SEP) is a patent that claims an invention that must be used to comply with a technical standard. Standards organizations, therefore, often require members disclose and grant licenses to their patents and pending patent applications that cover a standard that the organization is developing. If a standards organization fails to get licenses to all patents that are essential to complying with a standard, owners of the unlicensed patents may demand or sue for royalties from companies that adopt the standard. This happened for example to the JPEG standard. Determining which patents are essential to a particular standard can be complex. Standardisation organizations require licences of essential patents to be on fair, reasonable, and non-discriminatory (FRAND) terms. See also * Patent ambush, a situation where a member of a standards organization withholds information about patents they own during development of a proposed standard a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fox News Channel
The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is owned by the Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides service to 86 countries and overseas territories worldwide, with international broadcasts featuring Fox Extra segments during ad breaks. The channel was created by Australian-American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican media consultant and CNBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996, to 17 million cable subscribers. Fox News grew during the late 1990s and 2000s to become the dominant United States cable news subscription network. , approximately 87,118,000 U.S. households (90.8% of televis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DVD6C
The DVD6C Licensing Agency or DVD6C Licensing Group. is an industry consortium which licenses a portfolio of patents required to produce DVD discs, players, drives, recorders, decoders, and encoders. The group comprises 9 members: Hitachi, JVC, Matsushita (Panasonic), Mitsubishi, Sanyo, Sharp, Toshiba, Warner Home Video and Samsung. See also * Patent pool * MPEG LA * Avanci Avanci is a patent pool established in 2016 in the information and communications technology (ICT) space and more specifically in the Internet of things (IoT) space. It provides licenses to cellular technologies for the automotive industry by lic ... References External links DVD6C Licensing Agency Patent pools Technology consortia DVD {{tech-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MPEG-4 Part 2
MPEG-4 Part 2, MPEG-4 Visual (formally ISO/IEC 14496-2) is a video compression format developed by the Moving Picture Experts Group (MPEG). It belongs to the MPEG-4 ISO/IEC standards. It uses block-wise motion compensation and a discrete cosine transform (DCT), similar to previous standards such as MPEG-1 Part 2 and H.262/MPEG-2 Part 2. Several popular codecs including DivX, Xvid, and Nero Digital implement this standard. Note that MPEG-4 Part 10 defines a different format from MPEG-4 Part 2 and should not be confused with it. MPEG-4 Part 10 is commonly referred to as H.264 or AVC, and was jointly developed by ITU-T and MPEG. MPEG-4 Part 2 is H.263 compatible in the sense that a basic H.263 bitstream is correctly decoded by an MPEG-4 Video decoder. (MPEG-4 Video decoder is natively capable of decoding a basic form of H.263.) In MPEG-4 Visual, there are two types of video object layers: the video object layer that provides full MPEG-4 functionality, and a reduced funct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MPEG-2
MPEG-2 (a.k.a. H.222/H.262 as was defined by the ITU) is a standard for "the generic coding of moving pictures and associated audio information". It describes a combination of lossy video compression and lossy audio data compression methods, which permit storage and transmission of movies using currently available storage media and transmission bandwidth. While MPEG-2 is not as efficient as newer standards such as H.264/AVC and H.265/HEVC, backwards compatibility with existing hardware and software means it is still widely used, for example in over-the-air digital television broadcasting and in the DVD-Video standard. Main characteristics MPEG-2 is widely used as the format of digital television signals that are broadcast by terrestrial (over-the-air), cable, and direct broadcast satellite TV systems. It also specifies the format of movies and other programs that are distributed on DVD and similar discs. TV stations, TV receivers, DVD players, and other equipment are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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