Whether it is an attempt to strictly protect against patent trolls or the less altruistic pursuit of acquiring more leverage against their competitors, Google has initiated a new, experimental program to review patents from sellers, in order to prevent them from ending up in the wrong hands. There has been friction in the past where patents have been sold to non-practicing entities, calling into question the validity of software patents altogether. Google’s method of reducing this contention in the market is to vet all potential patents looking to be sold by having the owners submit them to Google’s Patent Purchase Promotion Program, communicating exactly when they would like to be sold and at what price.
The first trial of this program will begin on May 8th, allowing all patents to be submitted for review until May 22nd. After the window for submission closes, Google will reconnect with all patent holders who submitted by June 26th about the potential of acquiring their patent, clarify the logistics and what it would entail. Google is attempting to finalize all those they would like to absorb as their own by end of August. Before all transactions are finalized, Google is mandating sellers be well versed with the “fine print”. Because of the politics regarding patent laws, the company is in fact encouraging those who do choose to sell to Google to speak with an attorney. They do not want anyone in the dark about certain liberties or potentialities Google could have with the acquisition. The company wants all sellers to step away from their patent knowing the rights Google holds post-transaction.
The strict window for patent submission is Google’s attempt to expedite the review and acquisition process. The company states their intentions are invested in creating a more hospitable environment and smoother experience for both individuals and companies selling patents, by overseeing they get to the right people at the appropriate price. And in Google’s world, well, that is Google.