November 28, 2004

Patents to internet protocols for sale?

by brian_turner

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In a report Patent Pending, Britten Manasco and Joe McKendrick suggest that the rights to some of the most basic internet protocols could be up for sale. This comes after the registrant software company, Commerce One, filed for bankruptcy, and some 39 patents it registered are included in its saleable assets.

According to the report, the patents involved

cover[ing] technical protocols that tie into the foundations of leading Web services standards…[including] basic technology for facilitating network transactions by identifying a transaction in terms of input and output documents

Non-profit organisation, CommerceNet, is apparently in talks with a powerful consortium of net giants, looking to have them pool a bid to remove the rights from commercial exploitation.

Story link: Patents to internet protocols for sale?

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