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Patents Technology

Intellectual Ventures Sheds At Least Part of Its "Patent Troll" Reputation 75

Posted by timothy
from the look-sir-it-has-atoms dept.
pacopico writes Intellectual Ventures, the world's most infamous patent troll, has changed its tune — maybe. According to a story in Businessweek, the company has started turning a number of its ideas into products, ranging from hydration sensors to waterless washing machines and self-healing concrete. The story reveals some new tidbits about IV, including that it pays inventors $17,000 per idea, has a new start-up fund and that one of its cofounders got tossed out of school for hacking. IV is obvisouly trying to improve its reputation, but plenty of skeptics remain who think this is just a ruse meant to draw attention away from its patent lawsuits.
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Intellectual Ventures Sheds At Least Part of Its "Patent Troll" Reputation

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