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Irvine-based Zadara Storage , which develops technology for cloud-based storage services, reported that it has scored a U.S. Patent for its technology. The company said that it received US Patent 8,819,230 for a Virtual Private Storage Array service for cloud servers. READ MORE>>.
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But only recently did I read a clear document on the risks and rewards of patent strategy. Thanks to Russ Krajec, a patent attorney, for the quick improvement in my education, here are some important points to consider when thinking of your patent strategy. What is the true cost of patenting an idea? And private.
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The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.
Irvine-based Masimo , a developer of medical pulse oximetry systems, reported today that it has settled a lawsuit with Hygia Health Services, which reprocesses used medical equipment. Tags: masimo medical device pulse oximetry hygia legal lawsuit patent. Terms of the settlement were confidential.
JumpStartFund , which is based in El Segundo, opened up its service this morning to help use the wisdom of the crowd to move ideas, patents, and research from individuals, federal research labs, universities, and research organizations to the market.
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Several times a month, I’d have lunch with one of my CEOs, and each time we’d find ourselves digging into the intellectual property developed by the company over the years, just to refresh ourselves about what the intended use was back then, and whether new developments or technologies might make these older ideas and patents relevant again.
Steve is now in charge of Marina Del Rey-based TeleSign (www.telesign.com), which has quietly become a huge force in providing authentication services to nearly every major Internet service out there. Telesign provides authentication services for the largest web companies in the world. To learn more, we caught up with Steve.
University professors, industry gurus, lawyers familiar with patent law and former executives of competitor companies are typical recruits to an advisory board. I sit on a board of a company with potentially valuable patents that it is exploiting aggressively.
There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. Merely adapting the switches to new digital phones would not work, since guests no longer needed the service itself, being instantly self-sufficient. Fast forward just a few years to 1996. Back to 1996.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.
Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer.
San Diego-based Awarepoint , which develops real-time, location systems used for tracking patents and assets in a healthcare environment, said today that it has raised $14M in an additional financing round. of the new investment round, which the company said will go to expand its services, client management, and manufacturing capabilities.
There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. Merely adapting the switches to new digital phones would not work, since guests no longer needed the service itself, being instantly self-sufficient. Back to 1996.
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