IBM Joins LOT Network in Major Step to Promote and Protect Open Innovation
The PRNewswire website reported that IBM announced a major step in its dedication to open innovation and responsible stewardship of technology by joining LOT Network Inc, a non-profit community of companies that builds a protective barrier for its members against patent assertion entities (PAEs). With the announcements, IBM is adding over 80,000 patents and patent applications under the protection of LOT Network, shielding those patents from PAEs and encouraging industry-wide open innovation.
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