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Oracle pushes for patent reform

In this article we see Microsoft and Oracle pushing for patent reform and suggests that major software vendors spend tens of millions of dollars each ear defending against patent claims:
 
 
Smith's comments, directed at the dozens of congressional staffers in the audience, represented Microsoft's latest critique of a patent system that has caused it to spend $100 million a year defending itself against 35 to 40 lawsuits at any one time.
 
Microsoft has gone on the legislative offensive after a jury awarded Eolas Technologies $565 million in damages--which has been partially reversed--in a patent dispute over Internet Explorer.  
. . .
Smith's comments found support from Sanjay Prasad, Oracle's chief patent counsel.
 

He said that courts have been awarding damages for infringement that are out of line with the patent's real value. "No reasonable business person would ever agree to" pay those sums in licensing fees, Prasad said at the ACT conference on Saturday. "There's a large distortion between the value provided realistically, and how that comes out in court."


 

 
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