Patent Application Covers a Method of Licensing Patents

Technology Review reports that IBM has filed an application for a patent directed to a method for licensing a portfolio of patents using “floating privileges”.  Under the method, a licensee can obtain a license to an asset (e.g., a patent) from a portfolio of assets under a system where the license is triggered by a predetermined event, such as the filing of a patent infringement lawsuit.  The IBM patent application published last week as application number 2007/0244837.

To read the full article at the Technology Review website, click here

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