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Troll-Evading Trust Formed To "Catch & Release" Patents
Verizon, Google, Cisco, HP, Motorola, Sun, Telefon AB and Ericsson have banded together as the Allied Security Trust to buy IP before any trolls can take them to court. They've paid $250k to join and are each kicking it about $5 million in funding. They will then get non-exclusive licenses to the acquired technology and afterwards sell it on. The non-profit calls the concept 'catch and release.' It currently has 11 members and is expecting 30-40.
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