Friday, March 17, 2006

Austin's Forget Networks Uses 'Patent Trolling' as Business Model



An AP newswire article by Matt Slagle, via Yahoo! News, reports that:

While most technology companies make money by developing software, building hardware or providing services, Forgent Networks Inc. has taken a different route: It produces threats and lawsuits that try to cash in on ideas.

Forgent and other companies with similar strategies — often called "patent trolling" by critics — amass intellectual property portfolios and file suits against other businesses, accusing them of infringement.

More here.

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