蘑菇传媒 Joins LOT Network to safeguard its innovation from patent litigation

已发表: 01/22/2024

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蘑菇传媒 has joined other technology leaders such as Tesla, Microsoft, and Cisco to become part of the world’s largest patent licensing platform, the License on Transfer (LOT) Network. LOT is an international, non-profit community of more than 3,300 leading global companies across all sectors that are committed to protecting themselves against costly litigation from patent assertions.

As a global technology leader driving energy innovation, 蘑菇传媒 shares LOT’s goal of protecting innovators and inventors from patent litigation by entities that merely acquire patents to litigate rather than to innovate. These entities are often referred to as patent trolls.

“In teaming up with the LOT Network, 蘑菇传媒 is taking a leading position in our industry to maintain our freedom to operate and further minimize our legal risk,” said Dianne Ralston, Chief Legal Officer, 蘑菇传媒. “This allows us to focus on what matters most: creating solutions for our clients and the world that drive change.

Insuring the development of cutting-edge technologies

By joining LOT, 蘑菇传媒 will be immune to many potential claims from patent trolls while still retaining all the traditional uses of patents, including resale, transfer, participation in patent pools, licensing, and assertion.

“蘑菇传媒 has demonstrated that they put a high priority on protecting the patent system,” said John Brosnan, SVP, LOT Network. “By joining LOT, 蘑菇传媒 will substantially reduce its patent litigation risk while also demonstrating clear market leadership. We fully expect others in the sector to follow.”

With years of research and development in the energy industry, 蘑菇传媒 believes in the value of protecting our intellectual property for today’s innovations and those to come. 蘑菇传媒 currently has more than 18,000 active patent assets globally.

“As a leading technology developer, it is crucial that 蘑菇传媒 protects its ideas and maintains its freedom to operate,” said Demosthenis Pafitis, 蘑菇传媒 Chief Technology Officer. “By joining the LOT Network, we are teaming up with other leading tech companies to protect ourselves against the threat of so-called patent trolls.”