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November 5, 2007
Cash Constellation
Orion
IP is filling its little galaxy with patent lawsuits and subsequent licensing
lucre, sallying forth to grab gobs from up to 100 companies, and that's just for
starters in its enforcement campaign. The two little numbers hooking the crowd:
5,367,627, claiming a computer-assisted sales method for associating parts
to products; while
5,615,342 claims generating a product sales pitch based on a questionnaire.
T-Mobile
just settled, joining dozens before it, including Nordstrom, Ace Hardware, TrueValue Hardware, and Kohl's Department Stores,
stemming from an ED Texas suit filed in
March naming 80 defendants.
Hyundai Motors is the only defendant to drive to trail; the tab: $34 million. Hyundai now plans to try to put that in reverse gear with an appeal.
In new complaint mid-October, Orion slapped down against Xerox, Toys "R" Us, L.L. Bean, Macys, Siemens, and others, racking up at least 20 more companies.
This news flash just in: Orion has just been voted most likely to become the Patent for Coalition Fairness (PCF) "patent speculator" poster child. Congratulations Orion! - showing those PCF whiners how to bank IP.
Posted by Patent Hawk at November 5, 2007 12:50 AM | Patents In Business