Intel has filed an antitrust lawsuit against a SoftBank Group-owned investment firm, which allegedly stockpiles "meritless patents" to use in litigation against technology companies.
The complaint, filed on October 21 at the US District Court for the Northern District of California, alleged that "patent assertion entity" (PAE), Fortress Investment Group, has acquired control of more than 1,000 US technology patents.
It said Fortress makes its money by asserting "weak patents—ie those that never would have been asserted by their former owners—in order to stretch the resources of their targets", with the hope that targets, like Intel, will resolve the threat posed by Fortress by agreeing to licence the patent.
Intel asked the court for damages and to declare all licencing agreements obtained by Fortress, which violate US antitrust laws, as void.
Source: Wipr
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