Intergraph and Logic Patents
News & Chronology
2004-07-28 US Intergraph cashes in on Parallel Instruction and Clipper System patents: Quarterly Report (businesswire version) says they extracted 128 mn USD from Intel, 10 mn + 2% of yearly earning from AMD, are facing counter-suits from HP (--> Patents in Action)
- fledgling software company which turned to patents, used large patent portfolio to extract funds, is now buying back shares
- There has been a lot of reporting in the press about these patents.
- We need to research their patents, also what has been granted at the EPO
Intel executives spoke of "patent trolls" in this context but eventually agreed to pay 128 mn USD.
- This may have provoked negative comments from Intel CEO Andy Grove about the state of the patent system in the US.