Friday Must-Reads

Dell will pay Microsoft royalties for Android and Chrome OS in licensing deal (via The Verge)

“Microsoft and Dell have entered into a patent licensing agreement that will have Dell paying royalties to Microsoft for its sale of devices running Android and Chrome OS. Dell will also be licensing patents to Microsoft that are related to Xbox consoles, presumably lowering its royalty payments based on Microsoft’s console sales.”

Words Matter (via Property, intangible®)

Examines an agreement where the wording didn’t follow the parties intent.

“You keep using that word. I do not think it means what you think it means.” – William Goldman, The Princess Bride (1973).

We all stand: Static Control can sue (via Rebecca Tushnet’s 43(B)log)

“Justice Scalia, writing for a unanimous Court, affirmed the Sixth Circuit, in the process articulating a new standard: “To invoke the Lanham Act’s cause of action for false advertising, a plaintiff must plead (and ultimately prove) an injury to a commercial interest in sales or business reputation proximately caused by the defendant’s misrepresentations.””

Working together: Open Innovation and IP Management (via Licensing Executives Society)

“Open innovation is nothing new – ‘teaming’ between different companies and universities for specific projects has been common practice for years. However, such arrangements can work only if IP ownership and licensing rights are carefully managed”

A Business Tutorial: Four Ways to Stretch Your Patent Budget (via ipwatchdog)

1. Track potential patents and patent applications currently in prosecution.

2. Work with the IP Managers to Prioritize Future Patents Applications.

3. Ensure quality applications from the start with outsourcing partners that follow best practices.

4. Communicate, Communicate, Communicate.