[net-gold] TECHNOLOGY : PATENTS : EMPLOYMENT: JOBS: Tech Jobs Vaporized as Patent War Goes Nuclear
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Thu, 18 Aug 2011 07:43:35 -0400 (EDT)
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TECHNOLOGY :
PATENTS :
EMPLOYMENT: JOBS:
Tech Jobs Vaporized as Patent War Goes Nuclear
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Tech Jobs Vaporized as Patent War Goes Nuclear
Google spent more than $400,000 per patent when it bought Motorola
Mobility, wasting money in legal games that could have created jobs and
products
By Bill Snyder
InfoWorld
http://www.infoworld.com/d/the-industry-standard/
tech-jobs-vaporized-patent-war-goes-nuclear-170137
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A shorter URL for the above link:
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http://tinyurl.com/3hv7lnn
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Think what Google could do with $6 billion. Think of the research that
would spawn new products, advance innovation, and create who knows how
many thousands of good jobs up and down the technology food chain.
Instead, that money is going to buy patents.
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Worse, not only will those jobs not be created, existing jobs will be lost
as the patent arms race goes nuclear and more and more companies are
acquired for their patent portfolios and then discarded -- along with
their employees.
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[ The IT economy vs. the rest of the economy: Count yourself lucky to work
in tech, at least for now. But with no light at the end of the economic
tunnel, it pays to keep your skills sharp. | Keep up with the key tech
news and analysis with the InfoWorld Daily newsletter. ]
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The patent wars go nuclear -- with costs to match
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When I say Google is wasting $6 billion, I'm being charitable. Google
actually is paying $12.5 billion to buy Motorola Mobility. There's
absolutely no doubt that the major, if not the only, reason it's making
that gargantuan purchase is to defend the Android platform from
patent-related legal attacks from Apple and others. Some analysts have
suggested that Motorola's big patent portfolio represents roughly half the
value of the company. If you do the math, each patent works out to
$400,000 to $500,000.
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Not coincidentally, that's more or less what the Microsoft consortium paid
for Novell patents. Late last year, a group of companies led by Microsoft
paid $450 million for 882 Novell patents. That works out to $510,204 per
patent. In July, Apple and Microsoft led a consortium of technology
companies in a $4.5 billion purchase of roughly 6,000 patents from Nortel
Networks, for an even richer price of about $750,000 each.
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
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