Nathan Myhrvold

Intellectual Ventures, the patent holding company run by former Microsoft technology chief Nathan Myhrvold, just announced a legal settlement with Olympus, the digital imaging and recording technology giant — the fourth company to resolve patent litigation with IV in the last two months.

With the settlement, Intellectual Ventures says Olympus becomes the first major digital imaging company to sign on as one of its customers.

Financial terms of the deal weren’t disclosed, but Bellevue-based Intellectual Ventures says Olympus has agreed to license “segments” of its patent portfolio and also join its intellectual property defense program, which lets companies use IV’s patents to fight infringement lawsuits and give themselves more leverage in patent negotiations.

IV is still pursuing a related patent case against Canon and another against Nikon.

The company says it now owns nearly 40,000 patents and patent applications in 50 areas of technology.

In September, Intellectual Ventures  announced legal settlements with two companies, SK hynix and Elpida Memory, which make common types of memory used in computers and gadgets. The company has also moved to dismiss security vendor McAfee as a defendant in a separate patent case.

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Comments

  • Guest III

    This guy couldhave done something really great. Instead he’s just a con artist using the legal system to fleece large companies. What an embarrassment.
    Ironically I think the problem is he doesn’t have any ideas of his own. If only a good idea was enough to make a viable company then maybe there’d be a reason to get behind this but as anyone who has ever built a company knows the idea is mostly the easy part.

    • Guest IV

      Ha ha ha, he is revolutionizing cooking. Once companies are under his patent umbrella they can focus on research. His company needs more scale to do this effectively. Myhrvold is a white knight, everyone knows it.

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