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$290M To Be Paid To Apple by Samsung

The Patent Box System Introduced In UK

CPC Classification Launched by USPTO-EPO

NOKIA MICROSOFT DEAL of $7.17 Billions

IP Movers & Shakers

Sagacious Research
The Patent Search Experts
IP Movers & Shakers 2013, is compilation of some of the most interesting news that shall have a long term impact on the Intellectual Property fraternity & some fascinating inventions that got patented during the year. The news item has been compiled after much research amongst the people & professionals from IP domain by Sagacious Research. Sagacious Research is an ISO Certified India based Global Patent Research & Analytics firm.
www.sagaciousresearch.com *Note: The pictures & news are compiled after primary & secondary research by Sagacious Research.

US Turns First-to-File Nation

American Patent System took a U-Turn with the implementation of the Leahy-Smith America Invents Act (AIA) and made USA a first-to-file nation. This type of filing system isn't novel; it is actually more in line with the rest of the world's patent laws. By simply accelerating the timeline for filing patent applications, it gave an advantage to quick decision and strategy makers in US and didnt change much for larger companies that had their R&D departments, financial resources and the means in place to get the process going. However, it mounted up the pressure on the startups and also resulted in problems of forfeiting of foreign patent rights as it required public disclosure prior to filing a patent application. Nevertheless, numbers of provisional applications at USPTO increased which implies that inventors now were using a very cost-effective way to obtain an early priority date for a patent application. It didnt change much for larger companies that had their R&D departments, financial resources and the means in place to get the patenting process going.

UK Launches Patent Box

In 2013, UK businesses realized that patents are not just a great tool for protecting innovation from imitation but they are also the most effective tool to earn supra-normal profits following the launch of UK PATENT BOX SCHEME. It reduced the tax liabilities of the qualifying companies on income generated through patents and specifically rewarded those companies who engaged in R&D (or innovation) from conception to commercialization of patents (scheme excluded products with copyright or trademark protection). Thus, companies could enjoy a reduced rate of corporation tax of 10% for profits from the exploitation of patented inventions and certain other innovations.

Microsoft Nokia Deal worth $7.17 Billions

~$5 Billion to NOKIA MICROSOFT buys-out NOKIA mobile handset business for ~ $5 Billion. ~1.65$ Billion Licensing Rights by NOKIA to MICROSOFT MICROSOFT pays ~1.65

In 2013, the world witnessed the emergence and might of an increasing number of new companies that were keen on buying patents. Thus, Nokia & Microsoft entered a multi-billion dollar deal and Microsoft in return for a 10-year Non-exclusive Licensing Rights to Nokias patents & its mobile phone unit paid a whopping $7.17 billion.

Billion Euros for 10years of licensing rights of NOKIA patents.

www.sagaciousresearch.com *Note: The pictures & news are compiled after primary & secondary research by Sagacious Research.

Indian Patent Office to Function as ISA & IPEA

New Innovation Act Launched in US

Since Oct 15, 2013 Indian Patent Office began functioning as the International Search Authority (ISA) and International Preliminary Examining Authority (IPEA) under Patent Cooperation Treaty (PCT). This significantly reduced the Indian patent filing cost to ~50%. Besides that Govt. of India revised the Indian Patent Rules to align its practices with the practices of World Intellectual Property Organization (WIPO).

United States initiated the first ever reform in its patent system to fight the might of patent trolls and face the emergence of aggressive IPR exploitation in the country in the form of US Innovation Act. On Thursday, December 5, 2013, the United States House of Representatives passed the Innovation Act by a vote of 325-91. Surprisingly, the Innovation Act (HR 3309) had only been introduced on October 23, 2013, and was marked-up on November 20, 2013. The Innovation Act makes numerous amendments to Title 35, the section of U.S. Code embodying U.S. patent law. These changes include introducing a discovery delay and other discovery changes, fee shifting, customer suit staying and party-ofinterest transparency, heightening pleading requirements and expanding post-grant review. If nothing else, NPEs and their targets should know the following about these changes and the Innovation Act.

New Global Classification System CPC Launched

Cooperative Patent Classification system officially launched by USPTO & EPO in 2013 marked the harmonization, increased uniformity and consistency in the patent system and processes at the international level. This global classification system for patent documents was available for use of USPTO, 45 additional patent offices and more than 20,000 patent examiners. It already includes 250,000 classification symbols and is on its way to becoming an international standard in the patent world.

US Innovation Act shall fight the might of patent trolls & face the emergence of aggressive IPR exploitation

www.sagaciousresearch.com *Note: The pictures & news are compiled after primary & secondary research by Sagacious Research.

The Biggest Drug Patent Losses For 2013

Source: gabi-journal.net

Rise of Wearable Tech

GOOGLE GLASS A wearable device that syncs with email, text messages, Facebook, Twitter, takes photos, records movies, and can search the web besides providing location information, maps and directions that it displays in a small prism above a users right eye. SAMSUNG GALAXY GEAR A smart-watch that connects to user's smartphone or tablet to provide alerts, take photos, make calls, and access certain apps.

SONY SMART WIG

These have built-in sensors and a wearable computing device and HMDs with information displays for both eyes unlike for one as is the case with Google Glass.

www.sagaciousresearch.com *Note: The pictures & news are compiled after primary & secondary research by Sagacious Research.

Rockstar vs Google

"Rockstar, a legal entity created by Microsoft, Apple, RIM, Ericsson, and Sony, bought the vast Nortel patent portfolio of more than 6,000 patents covering 4G wireless innovations and a range of technologies back in 2011 for $4.5 billion. Later in 2013, ROCKSTAR used those patents to sue Google and seven companies that make Android smartphones: Companies Sued: Google Asustek HTC Huawei LG Electronics Pantech Samsung ZTE Google's failure to get patents in the Nortel auction was seen as one of the driving factors in its $12.5 billion purchase of Motorola in 2011. Later, Google also began to amass patents and now stands as 3rd largest winner of software patents after IBM and Microsoft.

ROCKSTAR used its 6,000 patents covering 4G wireless innovations and a range of technologies to sue Google & 7 other companies that make Android smartphones.

SAMSUNG to Pay APPLE $290M

After 15 months of appeals and an eight-day retrial, a dispute between Apple Inc. and Samsung Electronics Ltd. over smartphone patents has come nearly full circle. Federal jury in San Jose, Calif., ordered Samsung to pay Apple $290 million in damages for infringing on five Apple patents with 13 Samsung devices. Adding the $640 million from the original award that wasn't in dispute in the retrial, Samsung owes Apple $930 million. The $930 million total amounts to about 12% of Apple's most recent quarterly profits and about 14% of Samsung's latest income.

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