"SAN FRANCISCO (Reuters) - Three of the world's biggest electronics companies -- IBM, Sony and Philips -- have joined forces with the two largest Linux software distributors to create a company for sharing Linux patents, royalty-free.
The Open Invention Network (OIN), as the new firm unveiled on Thursday is known, could mark a breakthrough in resolving how to protect vendors and customers from patent royalty disputes resulting from freely shared Linux code. [...]"
This is surely a far better idea than any attempts to ban patents on computer-implemented inventions as demanded by FFII and others. Such move is, of course, not greeted by the various anti-patent fundamentalists who would prefer imposing restrictions on the patent system.
Proposals for such a move are around since years but it is worth noting that in fact not any grassroots initiative has managed to actually set up such a patent pool for defending FROSS but a conglomerate of Linux-aware companies.
The new IP Company, Open Invention Network (OIN), has a website.