RESEARCH TRIANGLE PARK – At IBM “think” is a marketing keyword and in 2020 that proved to be the case again as Big Blue technologists produced the most patents in the U.S. for the 28th consecutive year.
However, tech creation didn’t escape the effects of COVID-19.
IBM inventors produced 9,130 patents, a 1% drop from 2019, according to the annual patent report from IFI CLAIMS Patent Services.
Samsung placed No. 2 with 6,415. Rest of the top 10: Canon Inc., Microsoft, Intel, Taiwan Semiconductor, LG Electronics, Apple, Huawei Technologies, and Qualcomm.
The number of patents awarded also declined by 1 percent.
“Overall, U.S. patent activity was down slightly last year, despite the pandemic. This is a minor downward tick in what’s been a largely upward trajectory we’ve seen over the past decade, and it’s still 13 percent higher than what we saw in 2018,” said Mike Baycroft, CEO of IFI CLAIMS Patent Services, in a statement. “Another positive indicator is that pu
Airbnb rand IBM each settlement in patent lawsuit - San Francisco Business Times
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IBM and Airbnb reach settlement in patent lawsuit - Triangle Business Journal
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RESEARCH TRIANGLE PARK – For the second time in just a month IBM is making an acquisition designed to back its cloud strategy.
This time the target is Montreal-based Expertus Technologies.
In announcing the deal Tuesday, IBM said Expertus will help Big Blue boost end-to-end digital payments through its hybrid cloud offerings which it is building with Raleigh-based Red Hat.
IBM sees the cloud as a $1 trillion business opportunity and is focusing on hybrid – a mix of public and private – offerings.
Financial terms weren’t disclosed.
“Financial institutions must balance greater demand for secure digital solutions while complying with rapidly evolving regulation,” said Mark Foster, Senior Vice President of IBM Services, in announcing the deal. “Expertus’ payment-as-a-service solution expands our hybrid cloud-based payments offerings, transforming payments and treasury management with AI to give financial institutions the flexibility to rapidly innovate and stay co