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Submission + - Patents: The end of the (Geek) World as we know it

greenbird writes: It's the beginning of the end (in the US at least). This Forbes article starts with information about a company, DeepNines, who is suing McAfee over a patent that covers combining an IDS and firewall in a single device. The patent was filed on May 17, 2000 and issued on June 6, 2006. Aside from the thousands of linux boxes configured as prior art (including several by me) and the fact that it took 6 years to issue the patent, DeepNines in a January 29, 2003 press release announced a partnership with McAfee to deliver just such integrated solutions.

The Forbes article then goes on to recount the coming apocalypse in the form of investment companies gathering billions of dollars exclusively to fund patent troll companies and lawsuits from such companies one of which is using innovative investment technique's to fund DeepNines in the above lawsuit against McAfee. Is this the end of the tech industry in the United States? Will we all have to move to Europe or Antigua to develop anything new? Will the US manage to drag the Europe into this IP cesspool leaving China, Russia and India as the tech innovators of the world?

God helps them that themselves. -- Benjamin Franklin, "Poor Richard's Almanac"