The tech boom has been great for innovation, benefiting large companies like Apple and Google as well as Northern California's economy as a whole.
However, it has also been a "great time" for patent litigation and those who buy up patents in hopes of litigating and then profiting off of unknowing and sometimes small startups.
The solution for a few years was to simply negotiate and settle patent suits, but after 2005, when patent suits almost doubled, the task of negotiating with companies that bought patents and litigated them – called Non Practicing Entities or NPEs – became more difficult.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.