Crowdfunded Project Attempts To Unveil Intellectual Ventures' Hidden Web Of Patents

Posted by BernardSwiss on Oct 28, 2012 10:06 PM EDT
Techdirt; By Mike Masnick
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We've written about patent trolling giant Intellectual Ventures many times, including how it is notoriously secretive about almost everything. Its deals with companies (often involving them forking over hundreds of millions of dollars to not get sued) are hidden away behind strict non-disclosure agreements. It also hides the various patents in over 1,000 shell companies. At other times it "sells" patents to independent trolls, but most people believe that it still gets a cut of any revenue that comes out of those trolling operations. An operation called IP Checkups -- a "patent analytics firm" -- is trying to shine some more light on IV's secret patent portfolio and has launched a crowdfunding campaign to raise money to investigate the company's patents.

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