“Eric Schmidt, Google executive chairman, has criticised Apple, Microsoft and Research in Motion for spending richly on patents rather than innovating,” David Gelles reports for The Financial Times. “His criticisms come a week after those companies beat Google in the bidding for a collection of strategically vital patents from Nortel that cover wireless, 4G, data networking, internet and semiconductor technologies.”
MacDailyNews Take: Innovating. Is that anything like completely reshaping entire industries based on transformative patented IP only to see a bespectacled mole attempt to steal it in order for his own company to profit? Why was Google interested in Nortel’s patents if not to bolster their own weak portfolio in the face of umpteen lawsuits alleging theft of patented IP in Android?
Gelles reports, “‘I’m worried and or disappointed that we’ve gotten to this point in the industry,’” Mr Schmidt said.”
MacDailyNews Take: You’d better be worried, π boy.
Gelles reports, “Mr Schmidt signalled that Google would not be shy about acquiring other patent portfolios at reasonable prices, while building out its own holdings. ‘Now that the value of patents appears to have increased a great deal based on these data points, there are lots of people that have patents that are available,’ Mr Schmidt said. ‘We have a lot of patents. If the answer is tonnage, I think we’ll be fine.'”
MacDailyNews Take: Eric T. Mole is “disappointed,” but not enough to preclude his company from attempting to accomplish the same so-called “disappointing” actions in the future. Hypocrite.
Google doesn’t have a lot of patents that matter for Android. That is their exact problem.
The answer isn’t “tonnage,” mole. The answer is: Do you own work. Don’t steal others’ IP and then try to fix it later by buying up other company’s patents for protection.
Read more in the full article here.
RUMOR: Apple gets outright ownership of Nortel’s LTE (4G) patents – July 5, 2011
Google’s Android intellectual property headache looks set to become a migraine – July 5, 2011
Leaked bids show how Apple-led ‘Rockstar’ beat Google to Nortel patents – July 2, 2011
Apple consortium wins $4.5 billion Nortel patent trove auction; Google, Intel lose bidding battle – July 1, 2011
Intel gets antitrust approval to bid on Nortel patents – June 24, 2011
Apple gets U.S. antitrust approval to bid for Nortel patent trove – June 23, 2011
Apple, Intel among bidders for Nortel patent trove – June 17, 2011
Nortel delays patent auction one week citing significant interest – June 16, 2011
RIM looks to outbid Apple, Google, and Nokia for Nortel’s patent treasure trove – April 18, 2011
Google bids $900 million for 6,000 Nortel telecom patents in quest to boost patent portfolio – April 4, 2011
Apple reportedly bidding for Nortel patent portfolio – December 13, 2010