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Tuesday January 31, 2012

Patent Plaintiffs Target Facebook as IPO Approaches

Coming as a shock to absolutely no one, Facebook is fending off patent lawsuits left and right as it prepares for an anticipated $100B IPO. Hmmm, I wonder if that has anything to do with all these lawsuits? wink

As it prepares for one of the biggest IPOs ever, Facebook is coming under the same fierce attacks being waged against other big technology companies: patent lawsuits. Last year, Facebook was named as a defendant in 22 lawsuits accusing it of patent infringement, double the number from 2010, according to a Reuters analysis of court documents on legal database Westlaw, a Thomson Reuters unit.

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