IBM's Got Patents And Isn't Afraid To Enforce Them
Bloomberg Businessweek|August 20, 2018

Wringing Profits From Forgotten Patents.

Joe Nocera
IBM's Got Patents And Isn't Afraid To Enforce Them

International Business Machines Corp. v. Groupon Inc.

Case #16-00122

BLEEDING THEM DRY

Lawsuits sure can be expensive! When it reported its second-quarter earnings, Groupon disclosed a $75 million litigation charge related to the IBM trial, contributing to a net loss of $92.3 million on continuing operations. No wonder the stock is down more than 15 percent for the year.

OLDIES BUT GOODIES

How can patents so old they predate the consumer internet be worth money today? The trick to writing patents is to make them so broad they can be enforced no matter how far technology advances. Whoever wrote those Prodigy patents deserves a cut of IBM’s winnings.

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