Quote of the Day - Everything that can be invented has been invented.
The initials stand for "Embedded Objects Linked Across Systems" and is also the Gaelic
word for "Knowledge." You have to know the company is run by a university (University of California) professor.
The little company won. Big. $521 million microsmackeroonies. One of the most interesting parts of this case was how the jury reached that number. How do you calculate the value of a part of a whole, when the part itself has virtually no value standing alone? But that's not the only unique aspect of the case.
The tables have turned, though. The USPTO invalidated Eolas' patent. This invalidation review has been conducted less than 160 times in the entire history of the U.S. Patent Office, according to Larry Evans, former Chief Patent Counsel for BP and Sohio.
You can see the original patent, or at least what's left of it and $521 million, now up in smoke.