Industry News Archives

Hon Hai Technology Group (Foxconn) joins LOT Network to shield ecosystem amid escalating patent risks

World’s largest electronics manufacturer signals responsible innovation & IP defense

Hon Hai Technology Group (“Foxconn”) (TWSE:2317) announced today that it has joined LOT Network, the leading global patent licensing platform and non-profit community dedicated to protecting companies from costly litigation initiated by patent assertion entities (PAEs). The world’s largest electronics manufacturer and […]

LOT Network2025-06-11T10:10:12-07:00

Worksport joins LOT Network for enhanced patent protection

Worksport Ltd. (WKSP) announces global patent portfolio growth, and joins LOT Network for enhanced patent protection. General Counsel and Chief IP Counsel Nilay Choksi says that “Innovation lies at the heart of Worksport’s culture, and we are deeply committed to safeguarding our diverse technical and creative community.”

LOT Network2025-06-11T10:10:16-07:00

GlobalFoundries sets new bar as largest semiconductor company to protect innovation by joining LOT Network

Leading IP owner in semiconductor industry joins largest global patent protection community to safeguard its customers and ecosystem from patent assertion entities.

GlobalFoundries (Nasdaq: GFS) (GF) and LOT Network announced today that GF has joined the LOT Network, the world’s largest patent licensing platform and non-profit community of global companies committed to protecting themselves […]

LOT Network2025-06-11T10:10:22-07:00

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 […]

Audrey Adam2025-06-11T10:09:55-07:00

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 […]

Audrey Adam2025-06-11T10:32:29-07:00

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) […]

Audrey Adam2025-06-11T10:28:10-07:00

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 […]

Sandi Adam2025-06-11T10:09:56-07:00

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 […]

Audrey Adam2025-06-11T10:09:57-07:00

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 […]

Audrey Adam2025-06-11T10:09:57-07:00

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 […]

Audrey Adam2025-06-11T10:09:58-07:00

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 […]

Sandi Adam2025-06-11T10:09:58-07:00

Daikin joins LOT Network to protect its products, innovation, and entire ecosystem from unnecessary patent litigation

Daikin, the global leader in heating, ventilation, air conditioning, cooling and refrigeration (HVAC&R) products is heating up its patent strategy with membership in the world’s largest patent community. The company’s membership in LOT freezes any attempts by […]

lotaselot2025-06-11T10:09:58-07:00