Ericsson seeks to cash in on patents
The company sees revenue opportunities as more products get wireless connections
IDG News Service - As wireless access is added to new types of devices, Ericsson is reorganizing its licensing department in an effort to make more money from its patents, the company said on Thursday.
The Swedish telecommunication vendor's CEO Hans Vestberg wants to keep close tabs on the latest developments, and as part of its reorganization Ericsson's chief intellectual property officer Kasim Alfalahi will now report directly to Vestberg.
The company's IPR portfolio includes 27,000 granted patents. Today, any vendor that wants to use cellular connectivity in its products needs a license from Ericsson, which is offered under so-called fair, reasonable and non-discriminatory terms.
Licensing patents under those terms should be fairly straightforward. But that isn't always the case; in the Netherlands Samsung and Apple, as part of their global legal battle, are arguing in court over what fair and reasonable means.
Ericsson has largely stayed out of the telecom legal battles, but announced it had sued ZTE, which then counter-sued, in April last year. The case is still pending, according an Ericsson spokeswoman.
Patents have become a very valuable commodity in the telecommunications industry. For example, last year, Nortel sold 6,000 patents and patent applications for $4.5 billion to a consortium consisting of Ericsson, Apple, EMC, Microsoft, Research In Motion and Sony, following a bidding war with Google.
Ericsson aims to grow its revenues from licensing its intellectual property portfolio beyond the 4.6 billion Swedish kronor ($663 million) net revenue generated in 2010.
On Thursday, Ericsson also said it had closed its $1.15 billion acquisition of Telcordia, which the company first announced in June last year.
The deal is meant to reinforce and expand Ericsson's position in the operations support systems (OSS) and business support systems (BSS) sector. These systems are used for network optimization and real-time charging, and as operators look for new ways to make money they have become more important.
Send news tips and comments to firstname.lastname@example.org
- Top 12 Laptop Bags for Mobile Pros
- Think Deleted Text Messages Are Gone Forever? Think Again
- 7 New Faces of the C-suite
- 5 Ways CIOs Can Rationalize Application Portfolios
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- Harmonize Your Communications Experience: Are you leading a double life? Bring your own device. Embrace flexible work lifestyles. Be mobile. Welcome to the era of the anywhere worker.
- Infographic: Team Effectiveness Work is changing. We're global, mobile and distributed - we're virtual teams. This infographic illustrates our 2013 survey of over 1700 people around...
- Unify top five predictions in enterprise communications for 2014 Around the globe, a new way to work is taking hold - and 2014 will be a turning point.
- Three Best Practices to Help Government Agencies Overcome BYOD Challenges This paper highlightschallenges facing government IT in a BYOD environment and discusses strategies for network preparation, ongoing support, and securing information to enable...
- Live Webcast On-demand webinar: "Mobility Mayhem: Balancing BYOD with Enterprise Security" Check out this on-demand webinar to hear Sophos senior security expert John Shier deep dive into how BYOD impacts your enterprise security strategy...
- Live Webcast Unmasking the Differences between Consumer and Enterprise File Sync & Share The consumerization of IT combined with the rapid pace of the modern mobile workplace is forcing enterprise IT teams to evaluate file sync...
- Live Webcast Workforce Mobilization for Improved Productivity A mobility research director from Aberdeen discusses reasons for extending legacy applications to mobile devices, and an integration strategist from Attachmate shows how...
- Getting Ready for BlackBerry Enterprise Service 10.2 Find out how BlackBerry® Enterprise Service 10 helps organizations address the full spectrum of EMM challenges, while balancing the needs of both the...
- Containerization Options: How to Choose the Best DLP Solution for Your Organization This webcast outlines a framework for making the right choice when it comes to containerization approaches, along with the pros and cons of... All Mobile/Wireless White Papers | Webcasts
As emerging technologies evolve they often find an initial niche in highly specialized scenarios, or in specific industry verticals, before expanding to wider areas of applicability. Within these initial niches, the early adopters can be anything from digital enthusiasts to fashionistas, or they can be folks simply using the technology because it serves a specific need extremely well. (free registration required) more