LOT Network, a global community committed to combating patent assertion entities (PAEs), today announced that Cooler Master, a leading manufacturer of computer components and peripherals, has joined its membership ranks.
Cooler Master joined LOT at the request of its partner, a long-term LOT Network member, a global technology company known for ERP, CRM and SaaS offerings. This is just the most recent example of how existing members realize that encouraging their supply chain partners to join LOT Network offers a tangible step toward reinforcing supply chain resilience and reducing patent risk across their entire business ecosystem.
PAE risk doesn’t stop at one company; it moves through entire supply chains. That’s why it matters when more technology manufacturers choose to strengthen their IP strategies together.
Cooler Master said of joining LOT Network, “As the global patent landscape continues to evolve, we’ve seen increasing risks of PAEs acquiring patents and using them for litigation. Joining LOT Network was a proactive step for us to strengthen our IP strategy and make sure that innovation, not litigation, drives our growth,” said a Cooler Master representative. “We also view LOT’s mechanism as a practical and effective way to reduce potential litigation risks while fostering collaboration with many of our business partners who are also LOT members. It’s also aligned with our long-term goal of building a safer and more transparent innovation environment. Overall, Cooler Master sees LOT as a valuable way to work together with others who share that vision.”
Large companies with diverse and wide ranging supply chains that are interested in the benefits associated with driving participation in LOT among supply chain partners can avail themselves of customized templated content by reaching out to LOT Network.