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Submission + - Google, Dropbox, And Others Forge Patent 'Arms Control Pact' (itworld.com)

jfruh writes: Patent trolling is a serious irritatnt and financial drain on many big tech companies — but those same companies can't guarantee that their own future management won't sell the patents they own to a 'non-practicing entity', especially in the case of sale or bankruptcy. That's why a number of tech giants, including Google and Dropbox, have formed the 'License or Tranfer Network,' in which a patent will automatically be licensed to everyone else in the network in the event that it's sold to a third party.
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Google, Dropbox, And Others Forge Patent 'Arms Control Pact'

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