Patent Litigation Still Brings in Huge Awards

IBM’s intellectual-property licensing business, which owns over 45,000 patents, and which brought in nearly $1.2 billion in revenue last year put one more feather in its cap last Friday. The jury in IBM v. Groupon Inc., 16-cv-122 awarded IBM $83 million in damages. In what may turn out to be even worse news for Groupon, the jury also found Groupon’s infringement to be willful, allowing the judge to triple the damage award and order Groupon to pay IBM’s attorney fees. Despite securing more U.S. patents over the past 25 years than any other company, and investing nearly $6 billion annually in research and development, IBM v. Groupon Inc. is the first patent infringement case IBM has brought to a jury in over two decades. Why has IBM been so reticent to bring patent infringement cases to a jury? It is important to note that IBM is not alone. Between 2013 and 2015 there was a 26% drop in the number of patent infringement lawsuits filed. And there was another 22%…

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