Following a Major Loss in Its PoE Campaign, Network-1 Pivots to IoT and M2M Technologies
- January 4, 2018
Network-1 Technologies, Inc. issued a press release on January 4, announcing the acquisition of a patent portfolio “relating to several key technologies applicable to the Internet of Things (IoT) and Machine-to-Machine industries and next generation consumer mobile technologies”. The portfolio was acquired from M2M and IoT Technologies, LLC, described by Network-1 as an inventor-controlled IP development company. The acquisition closely follows a November trial loss for Network-1, in which multiple claims of its Power-over-Ethernet (PoE) patent, which the NPE has litigated against roughly 25 companies to date, were invalidated.
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