13 November 2007

Sick, Sick, Sick: The Sickness Deepens

I've warned you about this bloke before:

Intellectual Ventures LLC, a low-profile investment firm run by former Microsoft Corp. executive Nathan Myhrvold, is laying plans to go global: It hopes to raise as much as $1 billion to help develop and patent inventions, many of them from universities in Asia.

The move could help the firm, formed seven years ago to purchase patents and help inventors dream up new ones, expand its already-vast store of patents. But the new push also could exacerbate concerns that Intellectual Ventures will begin launching lawsuits to pressure companies to pay for use of its intellectual property.


Mr. Myhrvold said that his firm hasn't sued anybody for patent infringement but that he can't rule it out in the future.

That's a "yes", in case you were wondering. (Via Against Monopoly.)

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