PAEs, otherwise known as “patent trolls,” operate under a business model based solely on asserting patent rights through legal action and seeking royalties or settlements from legitimate businesses.
LOT Loses its First Member, but another auto leader signs up
LOT Network Inc., the leading international nonprofit community of companies protecting against costly litigation brought by patent assertion entities (PAEs, also known as “patent trolls”), today announced that Japan’s Toyota Motor Corp, the world’s number one automaker, joined […]
Information technology giant IBM recently announced that it had agreed to join the LOT Network, a nonprofit patent risk management consortium designed to immunize its members from lawsuits filed by patent assertion entities (PAEs). The move brings an […]
Today Cloud 66 is proud to announce its membership in the LOT Network community. As a leading provider of operational tools for deploying and managing Rails, Node and Kubernetes-based applications on any cloud or server, Cloud 66 is […]
Cybersecurity provider Trend Micro is joining the LOT Network, in a bid to combat the threat posed by ‘patent assertion entities’ (PAEs), which it says drain “tens of billions of dollars” from the global economy.
Trend Micro Inc. this week became the latest company to join the LOT Network, a patent-licensing initiative aimed at curbing lawsuits filed by so-called “patent trolls.” In announcing its membership Monday, Trend Micro said patent assertion entities are […]
Cyber-security solutions firm Trend Micro Incorporated is the latest company to join non-profit community LOT Network in a bid to combat the growing threat posed to its business and its customers by patent assertion entities (PAEs).
Today’s Daily AI Roundup covers the latest Artificial Intelligence announcements on AI capabilities, AI mobility products, Robotic Service, Technology from
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced it has joined non-profit community LOT Network in a bid to combat the growing threat posed to its business and its customers by […]
On January 14, IBM announced it was joining the LOT Network, a non-profit group of companies creating protective measures for its members against patent assertion entities (PAEs), sometimes referred to as “patent trolls.” According to the FTC, PAEs are “businesses that acquire patents […]
NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leader in service assurance, security, and business analytics, today announced that it has joined LOT Network, a global non-profit association of companies dedicated to preserving the use of patents for true innovation […]
