Tech patents have become a huge commodity in America.
Why buy a patent? Well, you'll be able to sue anybody who infringes it.
You could also license it, and use the technology it covers all you want.
With these lucrative possibilities in mind, tech companies typically buy patents in big bundles.
And these patent bundles can go for jaw-drawing amounts.
Patent brokerage firm IPOfferings has now provided a glimpse into exactly how much a company will buy for the right to somebody else's invention.
6. Adaptix's $100 million sale to Acacia Research
In January, Adaptix sold Acacia Research 230 patents covering 4G technology, according to IPOfferings.
The deal was Acacia's first major move to buy its own patent rights, the Wall Street Journal reported at the time. Previously, Acacia partnered with universities and other organizations to help them enforce patents.
Acacia has been criticized as a "patent troll," or a company that makes most of its money from licensing patents or filing patent lawsuits.
However, Acacia CEO Paul Ryan previously told BI that people who use that term are just "name calling."
5. Fujifilm Corp.'s $105 million sale to Universal Display Corp.
Fujifilm sold 1,200 patents covering OLED (organic light-emitting diode) technology to Universal Display Corp. in July, according to IPOfferings.
The deal doubled the patent portfolio of Universal Display, a lighting and display company based in New Jersey, according to Fujifilm.
OLEDs are used to make increasingly popular high-contrast, low-energy screens, Science Daily has reported.
4. Real Network's $120 million sale to Intel
In January, Real Network sold 190 patents to Intel covering technology for media players, according to IPOfferings.
The deal also included 170 patent applications (patents that haven't been approved) and some video streaming software, the Wall Street Journal reported at the time.
The patent acquisition built Intel's portfolio for technology that allows streaming on smartphones and laptops, according to the Journal.
See the rest of the story at Business Insider
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