Beware Software Licensing Trolls: How They Are Monetizing Licensing Agreements And Putting Your Business At Risk

 
 

 
 
 

Software audits are on the rise—a fact well-documented by Gartner. Software giants have long recognized that audits are a way to generate additional revenue, and vendors like Oracle, Microsoft and IBM have developed reputations for being very aggressive during the audit process. Audits are also increasing expensive for licensees. A recent report showed companies have a 9% chance of concluding an audit by writing a check greater than $5 Million and approximately a 25% chance of spending $1 million or more.

In the recent past, there were the so-called "Patent Trolls" (a derisive term) for entities exploiting the patent system by amassing low-value portfolios and indiscriminately file infringement lawsuits for the sole purpose of extracting "cost of defense" settlements. Today, targeted legislation and court-decisions have lessened the pervasiveness of Patent Trolls.

Filling the vacuum and riding on the coattails of the increase in software audits, there is a new breed of vendors we have named "Software Licensing Trolls." Often backed by venture capital, these License Trolls weaponize unique aspects of software audit process to squeeze millions out of unprepared victims in a manner similar to Patent Trolls.

image

Takeaways from this presentation:

  1. Learn the current state of the Software Licensing Trolls Phenomenon
  2. Learn common tactics of the Software License Troll and how to avoid being its next victim
  3. Practical strategies for negotiating with Licensing Trolls and resolving licensing and auditing disputes before litigation

Register now to view Beware Software Licensing Trolls: How They Are Monetizing Licensing Agreements And Putting Your Business At Risk.

 
SPEAKERS
headshot
Arthur S. Beeman
Founding Partner
Beeman & Muchmore, LLP
 
headshot
Joel T. Muchmore
Founding Partner
Beeman & Muchmore, LLP
 
headshot
Dean Bolton
Co-Founder + Chief Architect
LicenseFortress, LLC
 
headshot
Dr. Michael Corey
Co-Founder + Chief Operating Officer
LicenseFortress, LLC
 
MODERATOR
image
Stephen Faig
Research Director
Unisphere Research and DBTA
 
 

Sponsors