LOT Network press
Broadcom-VMWare withdrawal from LOT Network triggers membership spike
LOT Network has seen a spike in membership because Broadcom initiated it will withdraw VMWare, which it recently bought, from the defensive patent organisation. LOT Network CEO Ken Seddon says he believes Broadcom, which has an active patent monetisation programme, intends to monetise some of VMWare’s 11,000 patent assets.
“They have now got 11,000 more patents […]
LOT Community Corner
👋Hello, LOT community!
For most of 2024, we have been reconnecting with past members and meeting the new members we have welcomed to the growing community. We want to find out how we can continue to add value beyond your core protection of 4.4 million patents.
Here’s what’s happening:
Up, up, and 10 Years of LOT!
LOT continues to experience unprecedented growth — a testament to our collective effort and shared vision. In the first quarter alone, we’ve welcomed 252 new members, setting us on track to exceed 1,000 members this year. We are now the world’s largest patent pool, both in membership size (3,900+) and number of assets […]
Member Q&A: Meta’s Jeremiah Chan on Why We’re Using the LOT Network Patent Platform
In November 2017, Meta joined LOT Network. Why did Meta join?
For many years, I have shared Meta’s belief that a well-balanced patent system promotes innovation, makes bringing new products to market more manageable, and facilitates competition. Only a well-balanced system that ensures patent quality […]
FADIPL Giving Day
DEI Initiatives. Today’s RFPs now routinely include diversity as a rating metric, yet some firms still struggle with diversity numbers. The Foundation for Advancement of Diversity in IP Law (The Foundation), formerly the American Intellectual Property Law Education Foundation, is a 501(c)3 nonprofit that is accelerating the development of a more diverse IP professional […]
Midjourney Joins World’s Largest Patent Licensing Platform LOT Network with Meta Patent Transfer
Today, Midjourney announced that it has joined LOT Network, the world’s largest patent licensing platform. LOT Network is a collaborative initiative that seeks to protect the innovation ecosystem against abusive litigation from patent assertion entities (PAEs, sometimes referred to as “patent trolls”). LOT Network members […]
OneTrust Joins LOT Network in Major Step to Promote and Protect Open Innovation
OneTrust, the market-defining leader for trust intelligence, today announced that it has joined LOT Network, the international, non-profit community of companies working together to protect themselves against litigation brought on by patent assertion entities (PAEs, also known as “patent trolls”). OneTrust joining the LOT (License on Transfer) […]
Electrolux Group Joins LOT Network To Strengthen Patent Strategy & Deter Litigation
Membership will protect Electrolux Group against costly litigations from patent assertion entities, reinforcing the company’s purpose to encourage innovation and design to ‘shape living for the better.’
Electrolux Group announced it has joined LOT Network, the world’s largest patent licensing platform and […]
Ceres Joins LOT Network To Strengthen Patent Strategy & Deter Litigation
Ceres Power Holdings plc (CWR.L), announces that it has joined LOT Network, the world’s largest patent licensing platform and non-profit community of global companies committed to protecting themselves against costly litigation from patent assertionentities (PAEs).
PAEs, sometimes referred to as “patent trolls”, are […]
Matterport Joins LOT Network To Strengthen Patent Strategy & Deter Litigation
Matterport, Inc. (Nasdaq: MTTR), today announced it has joined LOT Network, the world’s largest patent licensing platform and non-profit community of global companies committed to protecting themselves against costly litigation from patent assertion entities (PAEs).
PAEs, also sometimes known as “patent trolls”, are […]
Gannett Joins LOT Network to Protect Digital Asset Products from Patent Litigation
Gannett Co., Inc. (NYSE: GCI) today announced joining LOT Network, the largest patent licensing platform and non-profit community of global companies working to protect its members against litigation brought on by patent assertion entities (PAEs). The LOT Network community is committed to safeguarding […]
Demonstrating a Commitment to Innovation, Creativity, and Fair Play, Roblox Joins LOT Network
LOT Network is a highly effective organizational deterrent against PAE litigation
PHOENIX, December 8, 2023 /PRESS RELEASE/ — LOT Network, the world’s largest patent licensing platform, announced today that Roblox has joined its non-profit community of global companies committed to protecting themselves against costly litigation from patent assertion entities (PAEs). PAEs are […]
LOT Membership Corner
- Members have increased interest in buying and selling patents amongst each other. Currently, there are patents in security, virtual production, aerial/drone technologies, cloud, gaming, and blockchain available. There is also interest from members in buying patents in process mining, cybersecurity, IoT, wireless communication, networking, e-commerce, smart grid, […]
What the Departure of 14K IoT, Metaverse, AI, and Surveillance Patents Could Mean for Non-Members
Hangzhou Hikvision Digital Technology Co., Ltd. (“Hikvision”) is the world’s largest company in surveillance technology. In November 2022, the US government barred Hikvision from its market. Subsequently, Hikvision notified the LOT Network that it would be leaving in June 2023.
Hikvision owns more than 14,000 patents. These patents cover a wide range of technologies, including video […]
BRIDGE, Growth, and How LOT Can Help
I’m always energized by a gathering of our members, and this year was no different. At LOT Network BRIDGE on September 27, 2023, the Palace Hotel in San Francisco buzzed with the excitement of idea exchange and innovation. IP thought leader Cruise (Olivia Tsai), Google (Michael Lee), Meta (Christine Foo), and Microsoft (Burton […]
Why AT&T’s LOT Network Membership is a Boon to the Innovation Community
by Ken Seddon, CEO, LOT Network
In 2022, LOT Network proudly introduced a significant new member to its growing network of companies – AT&T. LOT Network is a non-profit community of companies dedicated to eliminating the threat to innovation posed by patent assertion entities (“PAEs,” […]
The anatomy of a patent litigation target
Intellectual property (IP) protection can be a vital part of a company’s journey from young upstart to billion-dollar behemoth, safeguarding all its technologists’ hard work while adding to the company’s value for investors or would-be acquirers.
But as we’ve seen countless times […]
Patently messy: How a $6B deal may spur more IP lawsuits
A megabucks enterprise acquisition that closed six months ago could lead to thousands of patents landing on the open market.
Last August, Canadian enterprise technology giant OpenText announced plans to acquire U.K.-based IT software vendor and consultancy Micro Focus for a chunky […]
Shopify vs. Patent Trolls: Defending Entrepreneurs and Innovation
At Shopify, we prioritize choosing the right path over the easy one. Our merchants face this decision every day as they work to run successful businesses. But this concept applies in the judicial system too, and against an unscrupulous opponent: patent […]
New Report Reaffirms Danger Patent Trolls Pose to Manufacturers, Small Businesses
People whose business models are threatened by strong post-grant review and improved patent quality continue to assert that non-practicing entities (NPEs) and the patent troll narrative is a myth or a fabrication of big tech companies. And yet, a new report […]
