Comment on The Ascent of the Patent Troll and the Devastating Consequences for InnovationComments−kevincennis13y"...last August Google spent $12,500,000 on 17,000 patents."That's $735.29 per patent - which I think speaks to the low average quality of the stuff they're buying.−notaddicted13yIf you're talking about the Motorola acquisition, you (& the source author) need to add three more zeroes on those dollar figures.−kevincennis13yAhhhhhhhh. That would make a lot more sense.−neurotech113yA patent attorney I know put the cost at $10,000 per non-provisional patent, just in fees and legal expenses. Unless its a fire sale, a companies individual patent is usually worth more than that, depending on the value of the underlying IP.
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"...last August Google spent $12,500,000 on 17,000 patents."
That's $735.29 per patent - which I think speaks to the low average quality of the stuff they're buying.
If you're talking about the Motorola acquisition, you (& the source author) need to add three more zeroes on those dollar figures.
Ahhhhhhhh. That would make a lot more sense.
A patent attorney I know put the cost at $10,000 per non-provisional patent, just in fees and legal expenses. Unless its a fire sale, a companies individual patent is usually worth more than that, depending on the value of the underlying IP.