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LOT Network in the News

Tech, Auto Companies Form Non-Profit to Disarm Patent Trolls

techcrunch “Now a who’s who of technology, automobile and other companies has banded together in a novel approach seeking to thwart patent trolls. LOT Network counts Google, Canon, Dropbox, Ford Motor Co., GitHub, JP Morgan Chase, Pandora, Pure […]

LOT Network Demonstrates Rapid Growth of Community In Battle Against Patent Trolls

bwlogo_web BEAVERTON, Ore.–(BUSINESS WIRE)–LOT Network announced today that its community, which protects many of the world’s leading businesses including Dropbox, Khan Academy, Ford, GitHub, JP Morgan Chase, Mazda, Uber, Asana, and many start-ups […]

Tech, auto companies join forces to thwart patent trolls

SF-Chronicles-logo “This solves a very real problem at a low cost,” said Ramsey Homsany, general counsel of Dropbox, one of LOT’s founding companies. “It doesn’t matter how big or small your company is, at some point you […]

MarineTraffic joins LOT Network to safeguard intellectual assets

marine_traffic-120x100 MarineTraffic, the world’s most trusted AIS vessel tracking service has joined the Licence on Transfer (LOT) Network.
The LOT Network was formed to promote innovation by reducing the risk of litigation from Patent Assertion Entities (PAEs), also known as Patent Trolls. The LOT Network […]

How GCs Can Become Heroes In The War Against Patent Trolls

Law360-mini “It’s difficult to predict which companies will fail, sell patents to a troll, or exactly when you might be a PAE target,” said Michael Cunningham, Executive Vice President and General Counsel of Red Hat, Inc. “By reducing the […]

Patent lawsuit hits Atlassian prior to IPO

SDTimes-logo“… patent trolls cost the U.S. economy more than US$80 billion a year. And Spangenberg has certainly gotten his fair share of that money in his pursuits. But the LOT Network could put a stop to that over time.”

LOT Network Names Ken Seddon As Chief Executive Officer

Beaverton, OR—April 1, 2015—LOT Network Inc., an international patent network that is proactively addressing the risks of patent assertion entities (PAEs) and patent privateering, today announced that its Board of Directors had appointed Ken Seddon as its first Chief Executive Officer.

“LOT Network has created an innovative product that can reduce the risk […]

LOT Network Membership Doubles In Five Months Since Launch

The License on Transfer (LOT) Network, an open, royalty-free, patent-licensing program designed to reduce patent litigation and the growing practice of patent privateering, today announced that GitHub, Khan Academy, Pure Storage, Red Hat, SAS, and SolarCity have joined Asana, Canon, Dropbox, Google, Newegg and SAP as members.

Patent litigation reached an all-time peak last year, […]

Asana, Canon, Dropbox, Google, Newegg and SAP Announce Formation of New Cooperative Patent-Licensing Agreement

Asana, Canon, Dropbox, Google, Newegg and SAP today announced the formation of the License on Transfer (LOT) Network, a cooperative patent-licensing agreement that will cut down on patent troll litigation and the growing practice of patent privateering.

Patent litigation reached an all-time peak last year, with more than 6,000 lawsuits filed. Most of those suits […]