Patent Pool
In patent law, a patent pool is a consortium of two or more 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 mu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Wright Brothers Patent War
The Wright brothers patent war centers on the patent that the Wright brothers received for their method of airplane flight control. They 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 flight#mechanical, 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 contributed $1,000,000 to the company included Cornelius Vanderbilt, Theodore P. Shonts, Allan A. Ryan, and Morton F. Plant. That company waged a patent war, initially in an attempt to secure a monopoly on U.S. aircraft manufacturing. Unable to do so, it adjusted its legal strategy by suing foreign and domestic aviators and companies, especially another U.S. aviati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Open Invention Network
Open Invention Network (OIN) is an intellectual property rights company based in Durham, United States. It operates as an entity specialising in the acquisition of patents, subsequently granting royalty-free licenses to its community members. These members are obligated not to assert their own patents against Linux and its associated systems and applications as per the terms of the licensing agreements established by OIN. History OIN was incorporated on 31 October 2005 and is headquartered in Durham, NC. The founding members, IBM, Novell, Philips, Red Hat, and Sony initiated the organisation on November 10 of the same year. Subsequently, NEC joined the consortium as a member. Notably, in December 2013, Google became a member, while Toyota announced its membership in July 2016. On October 10, 2018, Erich Andersen, representing Microsoft, disclosed their participation as a licensee. Canonical and TomTom hold associate membership status within the network. Keith Bergelt serve ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Standard-setting organizations (SSOs) normally require their members to agree to license their essential patents on fair, reasonable and non-discriminatory terms. Determining which patents are essential to a particular standard can be complex. See also * Patent ambush, a situation in which patents are withheld during development of a proposed standard * Patent infringement, the commission of a prohibited act with respect to a patented invention * Patent thicket, a negatively connoted term for an overlapping set of patent rights * '' Orange-Book-Standard'', a German decision on the interaction between patent law and technical standards * Standardization Standardization (American English) or standardisation (British English) is the process of implementing and developing technical standards based on the consensus of different parti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Avanci
Avanci is an operator of patent licensing platforms established in 2016 in the information and communications technology (ICT) space and more specifically in the Internet of things (IoT) and broadcast spaces. By licensing patents from multiple holders under a single agreement, Avanci provides licenses to standardized technologies for manufacturers in the IoT and broadcast industries. 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 2023, Avanci has 57 patent holders in its Avanci 4G Vehicle marketplace licensing their portfolios of eCall, [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Standard-setting organizations (SSOs) normally require their members to agree to license their essential patents on fair, reasonable and non-discriminatory terms. Determining which patents are essential to a particular standard can be complex. See also * Patent ambush, a situation in which patents are withheld during development of a proposed standard * Patent infringement, the commission of a prohibited act with respect to a patented invention * Patent thicket, a negatively connoted term for an overlapping set of patent rights * '' Orange-Book-Standard'', a German decision on the interaction between patent law and technical standards * Standardization Standardization (American English) or standardisation (British English) is the process of implementing and developing technical standards based on the consensus of different parti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fox News Channel
The Fox News Channel (FNC), commonly known as Fox News, is an American multinational conservative news and political commentary television channel and website based in New York City, U.S. It is owned by Fox News Media, which itself is owned by Fox Corporation. It is the most-watched cable news network in the U.S., and as of 2023 it generates approximately 70% of its parent company's pre-tax profit. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides a service to 86 countries and territories, with international broadcasts featuring Fox Extra segments during advertising breaks. The channel was created by Australian-born 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 wholly owned 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous a .... As of January 1, 2020, DVD6C no longer grants licenses to new licensees. See also * Patent pool * MPEG LA * Avanci References External links DVD6C Licensing Agency Patent pools Technology consortia DVD {{tech-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MPEG-4 Part 2
MPEG-4 Part 2, MPEG-4 Visual (formally International Organization for Standardization, ISO/International Electrotechnical Commission, IEC 14496-2) is a video encoding specification designed by the Moving Picture Experts Group (MPEG). It belongs to the MPEG-4 ISO/IEC family of encoders. It uses block-wise motion compensation and a discrete cosine transform (DCT), similar to previous encoders such as MPEG-1#Part 2: Video, MPEG-1 Part 2 and H.262/MPEG-2 Part 2. Examples of popular implementations of the encoder specifications include DivX, Xvid and Nero Digital. 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 functionality video object layer, the video object layer with short headers (which prov ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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]   |