Correction: The article inadvertently states that RPX has raised $40 million in venture capital funds. This is incorrect. A spokesperson contacted the author to note that a correct reading of the website would be that "The company has acquired more than $40 million in patent rights since its founding."
Patent trolls are the bane of existence for technology companies. Patent trolls buy up patents so that they can extort money from companies that actually build and sell products. The world's largest patent troll is arguably Intellectual Ventures, which holds billions of dollars worth of patents.
It is … Read more