Why Rackspace Is Suing The Most Notorious Patent Troll In America

Found on Rackspace on Friday, 05 April 2013
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Parallel Iron is the latest in a string of shell companies created to do nothing more than assert patent-infringement claims as part of a typical patent troll scheme of pressuring companies to pay up or else face crippling litigation costs.

IP Nav told us that they could not divulge the details of their infringement claims – not even the patent numbers or the patent owner – unless we entered into a “forbearance agreement” – basically, an agreement that we would not sue them.

Patent trolls brazenly use questionable tactics to force settlements from legitimate businesses that are merely using computers and software as they are intended.

With a single change of the law hundreds of troll companies would go out of business. That's what would help innovation more than any patent ever could.