LOT Network press
Could NPEs stifle innovation in sustainable energy?
Many companies are moving away from using fossil fuels to reduce the environmental impact of their business, which has led to an explosion of research into alternative energy sources, with a large increase in the number of patents being filed each year over the last […]
Acquisition of Micro Focus by OpenText creates patent risk – but LOT Network provides the solution
In January, the venerable information technology (IT) software and services company, Micro Focus, was acquired by enterprise software provider OpenText in a $6 billion all-cash transaction. Beyond the obvious business impacts, the acquisition is of particular interest to LOT Network members: Micro Focus, a member of LOT Network […]
Update from FADIPL
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 (FADIPL), formerly the American Intellectual Property Law Education Foundation, […]
ADAPT: Looking Forward
Since its launch in September 2022, ADAPT, which is organized around making DEI programs accessible to companies of all sizes, has been active in pursuing its mission to advance diversity across patent teams.
The organization has increased membership, bringing in […]
Letter from the CEO: Growth, Patent Queries, BRIDGE, and More Member Support Than Ever
Friends of LOT:
At the risk of sounding like a broken record, growth continues to be the core theme for LOT Network. LOT added over 800 companies in 2022 and now counts over 3,000 members. Our community is now immunized to nearly 4 million patents and applications owned by members, including 16% of all […]
LOT Network provides startups with protection against patent trolls
Pre-IPO companies and startups in earlier financing cycles need their due diligence to go smoothly.
No surprise, then, that a recent study has found that while patent litigation initiated by operating companies has declined in recent years, suits initiated by non-practising […]
The brokered patent market in 2022
The patent market is growing a lot as the economic downturn places more assets for sale.
Companies are exiting markets and their assets are being listed: for example, GoPro Inc is selling its drone portfolio and Intel Corp is selling its wireless […]
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 patent trolls […]
Research finds companies just pre- and post-IPO are at highest risk of being targeted by a non-practicing entity lawsuit
A HighTech-Solutions (HTS) study, commissioned by the international, non-profit patent licensing platform LOT Network, analyzed the 6,161 lawsuits filed by non-practicing entities (NPEs) from 2017 through 2022. The analysis identified several key findings.
First, the study found that companies who are preparing […]
Going public? Beware NPEs
US companies that go public are at a greater risk of being targeted by non-practising entities and should consider defensive strategies, according to counsel.
Sources say savvy NPEs are increasingly targeting smaller companies that they believe they can exert leverage over. The […]
Patent trolls often target smaller companies, study finds
Large companies such as Samsung, Google, Apple and Amazon are the most frequent targets of patent litigation.
But a new report highlights how smaller companies have also become fairly common targets of patent lawsuits filed by non-practicing entities (NPEs), which are also sometimes called […]
Research Finds Companies Just Pre- and Post-IPO are at Highest Risk of Being Targeted by a Non-Practicing Entity Lawsuit
Research Finds Companies Just Pre- and Post-IPO are at Highest Risk of Being Targeted by a Non-Practicing Entity Lawsuit
Nearly 40% of companies litigated were within two years of announcing their IPO; 52% of companies sued had less […]
Circle Joins LOT Network to Protect Digital Asset Products from Patent Litigation
March 23, 2023 — Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), today announced it has joined LOT Network, a non-profit global community of companies that protects […]
MyMD Joins LOT Network in Effort to Protect Company and Shareholders from Patent Trolls
BALTIMORE, MD – March 8, 2023 — MyMD Pharmaceuticals, Inc.® (Nasdaq: MYMD) (“MyMD” or “the Company”), a clinical stage biopharmaceutical company developing groundbreaking therapies for the treatment of serious and debilitating autoimmune and […]
LOT Network aims to snag group of semiconductor firms
In an exclusive interview, Ken Seddon tells Managing IP that he expects several semiconductor companies to join the LOT Network as a group
Tech companies struggle to keep pace with funder-backed NPEs
Litigation funding has increased the potency of some non-practising entity lawsuits, creating challenges for in-house counsel at tech companies.
Baidu, a global AI and technology leader, announces its membership in LOT Network, the leading protective IP community
Joining the international non-profit community is an important step in ensuring the health of the AI community
PHOENIX, AZ (DECEMBER 20, 2022): LOT Network, the international community of the world’s leading high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as “patent trolls”), announced today that
Bilibili – The Chinese tech company mitigating overseas litigation risks via a patent pool approach
Bilibili is one of the leading video platforms in China and is particularly popular among the country’s millennials. In its explorations into international audiences, the Shanghai-based company turned to a patent pool to shield itself from overseas infringement actions. Nan Liu, […]
SimpliSafe Joins LOT Network in a Proactive Measure Against the Threat of Patent Trolls
Over the past 15 years, SimpliSafe has transformed the home security market, making home protection more accessible than ever. Its innovative hardware and software have been paramount to its category disruption. Joining LOT Network will enable SimpliSafe to continue focusing on […]