Dubbed a "patent troll" by some, Intellectual Ventures has built up a massive war chest of patents with help from big tech firms. Apple and Intel apparently did not join this funding round, though, according to Reuters.
Federal judge's decision comes after the jury was unable to reach a verdict on whether Motorola Mobility infringed on the patent-holding company's portfolio.
Intellectual Ventures claims Google's Motorola unit violates its patents, while the search company says its opponent builds no products and uses its patent portfolio for financial gain.
The newly announced patent sales agreement and license agreement between Nest and Intellectual Ventures tells us this smart thermostat creator is no shrinking violet.
The company recently closed an investment round worth $11.8 million, thanks to help from Bill Gates and Lux Capital, among others.
IV launches another lawsuit against Google-owned Motorola Mobility over patents, the latest in series of lawsuits in recent months.
The two companies have signed a deal that gives Salesforce.com access to more than 40,000 patents.
Experts gathering to discuss intellectual-property theft say that a fix will require the application of economic sanctions, not just more technology.
Intellectual Ventures, one of the world's biggest patent holders, puts out research suggesting companies are big on patents.
Intellectual Ventures sues two more tech makers for allegedly infringing on patents. This time it's imaging bigs Canon and Ricoh.