It kind of blows my mind that patents can possibly be worth north of a millon dollars apiece. How is this possible? How does it make economic sense, especially the idea of buying 800 bundled together instead of picking and choosing the ones which actually have value.
I get that they win litigation, but is even the loss of a lawsuit more costly than the amount spent on purchasing the patents? The most costly lawsuit loss I can recall was Microsoft's antitrust loss, which cost it 9 figures. But even so, that's a case where patents would not have helped. And if it costs more to buy the patents than they recoup with when they win, or do not lose, the suits, how does it make economic sense to buy them?
Then again, maybe they're considering it an investment in their ongoing campaign to extort the android ecosystem.
I get that they win litigation, but is even the loss of a lawsuit more costly than the amount spent on purchasing the patents? The most costly lawsuit loss I can recall was Microsoft's antitrust loss, which cost it 9 figures. But even so, that's a case where patents would not have helped. And if it costs more to buy the patents than they recoup with when they win, or do not lose, the suits, how does it make economic sense to buy them?
Then again, maybe they're considering it an investment in their ongoing campaign to extort the android ecosystem.