Google’s New Program Aimed at Squashing Patent Trolls

Google announced Monday that it would be opening up its very own patent marketplace.

“We invite you to sell us your patents. The Patent Purchase Promotion is an experimental marketplace for patents that’s simple, easy to use, and fast,” said the company in a blog post. This new program looks like its going to be a straight forward, no bells or whistles, initiative that sounds like American Idol for inventions. Inventors from around the country are welcome to submit patents and Google will decide if it is willing to pay for them. The window is short for a chance at Google buying your patent, as it will only keep the marketplace open from May 8 to May 22. [Source: Digital Trends] Continue reading “Google’s New Program Aimed at Squashing Patent Trolls” »