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Submission + - Cisco CEO Blasts Patent Trolls and Patent Abuse (

AlphaWolf_HK writes: At the recent Gartner Symposium Expo, Cisco CEO John Chambers had a few words to say about patent trolls: "It is a mess; There are patent trolls everywhere," said Chambers, noting that patent problems impose huge costs on every company. He didn't stop there though, he also suggested that companies stop suing their peers. Speaking to the audience, he said for "his peers" in the room, "you shouldn't be suing your peers." He also adds that patent litigation slows down innovation. He recommends throwing out the whole patent system, and starting from the beginning. Cisco's official stance (outside of John Chambers) is that we are really in need of patent reform, with specific ideas at eliminating patent trolls and patent shopping.

Also of interest, is Cisco's ongoing patent war with Tivo, (who many argue is also a patent abuser) by fighting Tivo's patents with their own patents, a la Samsung vs Apple.

Every cloud has a silver lining; you should have sold it, and bought titanium.