Patent Holder Sues McAfee, Gets $25 Million... But May End Up Lo...

Courtesy Techdirt  Wed, 11/04/2009 - 14:51

A few years ago, we noticed the troubling trend of private equity firms raising capital solely for the purpose of investing in patent lawsuits .

Basically, these private equity guys saw the ridiculous awards being handed out to patent holders who did nothing, and realized they wanted in on the game.

So they raised funds of hundreds of millions of dollars, and basically approached different small patent holders, examined their patents, and basically promised to bankroll lawsuits against companies...

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