13 July 2016
Reporter: Barney Dixon
Yahoo buyers should beware patent value rumours
More than 44 percent of Yahoo’s patent portfolio may be invalid or have no market value, according to TurboPatent.

TurboPatent, which operates an automated and streamlined patent process service, published a report on 12 July that claimed nearly half of Yahoo’s patent portfolio could be a major risk to potential buyers of the struggling internet company

According to the report, 44 percent of Yahoo’s patents have high severity issues that could prevent them from being enforced or defended.

Telecommunications giant Verizon was linked with a $3 billion takeover bid for Yahoo last month. The Daily Mail and Google are also rumoured to be interested. Potential buyers are thought to be keen in its patent portfolio.

Law firm Richardson Oliver made similar claims about the value of Yahoo’s reported $3 billion patent portfolio in April, claiming it could be worth much less, likely between $393 million and $1.15 billion.

TurboPatent cited other experts in patent law who argue that the patent portfolios of large technology companies may not be worth as much as many have mooted.

“Approximately 30 percent of the average patent portfolio of large corporations is worthless—these patents are either invalid, outdated, severely flawed or unrelated to the corporation’s business,” said Larry Goldstein, a US patent attorney and patent law author.

TurboPatent’s report did acknowledge that Yahoo’s patents have attracted some significant interest, with Google, Microsoft and IBM citing its patents thousands of times between them.

More Patents news
The latest news from IPPro The Internet
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
European Commission to investigate Qualcomm
13 June 2017 | Brussels | Reporter: Barney Dixon
Qualcomm is under investigation over competition concerns about its proposed acquisition of semiconductor rival NXP
Michelle Lee resigns as USPTO director
07 June 2017 | Washington DC | Reporter: Barney Dixon
Michelle Lee notified staff that she would be standing down from her post, but offered no reason for her sudden departure
Uber fires Levandowski
31 May 2017 | California | Reporter: Barney Dixon
Uber has fired key executive Anthony Levandowski after he failed to cooperate in a trade secret dispute with Alphabet’s Waymo
Nokia and Apple settle new dispute
24 May 2017 | California | Reporter: Mark Dugdale
The settlement puts a stop to litigation that spanned the US and Germany and saw Apple claim in federal court that the Finnish company conspired with patent licensing companies to unlawfully extract royalties
Uber-Waymo dispute referred for criminal investigation
11 May 2017 | California | Reporter: Barney Dixon
Judge William Alsup said the evidence against Waymo was the strongest he’d seen in 42 years
AST launches IP3 2017
02 May 2017 | New Jersey | Reporter: Barney Dixon
The 2017 programme will target specific technologies, including the internet of things, content delivery systems and networking
WiLAN diversifies in wake of patent licensing challenges
20 April 2017 | Ottawa | Reporter: Mark Dugdale
WiLAN is acquiring an internet of things company for $47.4 million as it looks to diversify away from its core patent licensing business