Innovating Automakers Look to Avoid Tech’s Turbulent IP Past

For those who cannot remember the past are condemned to repeat it, as Santayana optimistically said. Automakers making bold new strides into tech territory are also vividly remembering the smartphone wars and other court battles that have dominated Silicon Valley.

The cases cost hundreds of millions of dollars in legal fees, a price car manufacturers are hoping to avoid in their bottom line. Instead, these competitors are forming industry groups to navigate or jointly acquire patents and license technology in addition to sharing technology or using non-patented technology. From a bleak aphorism to corporate cohesion, we’re glad we could turn this post around.

To read the story from Bloomberg, click here.

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