We’re pleased to announce today that we’ve achieved full protection for millions of Cisco customers from the overblown and specious claims of a very aggressive patent assertion entity.
Once upon a time a company called “Innovatio” set out to force retailers and small businesses to pay over two thousand dollars per location for use of WiFi patents. They did this knowing they were obligated to license the patents under reasonable and nondiscriminatory terms and, even worse, that the majority of the businesses they were targeting were already licensed to use the patents. Innovatio targeted over 170 million Cisco devices that Innovatio claimed could be taxed by their scheme. They sent over 14,000 letters in the first wave of an attack through which they hoped to eventually suck close to $4 billion out of the productive part of the U.S. economy by threatening innocent entrepreneurs with costly litigation.
We, together with Netgear and Motorola, intervened on behalf of our customers and accused Innovatio of running a racket, and we demanded a trial on the true value of those patents. We also demanded damages for the breach of the contractual obligations to license standard-essential patents on fair terms. Although Chief Judge Holderman in the Northern District of Illinois did not allow the racketeering claim to move forward, he determined that the patents had a collective value of approximately 10 cents per WiFi device. “Innovatio” later admitted that over 100 million of the devices they targeted were already licensed, and taking into account our strong breach of contract and other claims, they agreed to license the remaining 85 million devices for a total of $2.7M, or less than 3.2 cents apiece.
During my years at Cisco, I’ve been able witness IT become incredibly pervasive. While traditionally IT has been thought of to just help run a business (and make things work!), today’s expectation of IT is also how it can help change and grow the business.
In my conversations with CEOs across the globe, one major theme keeps coming up: CEOs want IT leaders to figure out how technology can help their businesses transform and expand, as much as make it operate.
Recently, I had the opportunity to participate in a new Cloud Insights video series to discuss IT’s role in driving business outcomes with cloud and collaboration technology. It’s an interesting time as the pace of change is at an all-time high. Communication, collaboration and cloud are front and center, helping drive the transformation CEOs want.
Today, cities are becoming the epicenter of the Internet of Everything (IoE), where people, things, data and process can be connected to deliver new and amazing value. At the current pace of connectivity, Cisco predicts some 25 billion devices will be connected by 2015, and 50 billion by 2020. Today, furthering IoE innovations, Cisco and AGT announced a global strategic alliance to dramatically change the way today’s cities are managed and secured using cloud technologies and edge analytics.
The Cisco and AGT partnership will greatly improve the networking of a wide variety of devices, sensors and s1ocial media inputs. Combining Cisco intelligent networking infrastructure with AGT’s software platforms will enable the integration of previously disparate data, revealing new ways to manage city infrastructures, reduce management costs and improve the lives of citizens with a new generation of urban services. With 180,000 people moving into cities every day, there is an opportunity to transform the future of cities and make them more livable, safe and enhance the quality of life for everyone.
Wireless momentum continues worldwide and mobile data traffic expected to increase nearly 11-fold
Today, Cisco released its latest Visual Networking Index (VNI) Global Mobile Forecast, 2013-2018, projecting future mobile data traffic over cellular networks (2G, 3G, or 4G) and wi-fi off-load traffic. Our detailed research, including region-specific and some country-specific data, can be found in our complete white paper. Highlighted below for your convenience are some of the key takeaways.
“I offer personal congratulations to Satya Nadella on his appointment as Microsoft’s next CEO. I know him well and I know he will do a great job for Microsoft as he is a seasoned, world-class technology leader. I trust him and I know he instills trust in his customers and partners. I look forward to continuing to work with him and Microsoft to better serve our customers together.”