Forgent Proves Once Again That Patents and Software Need to Get a Divorce
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"Forgent is committed to developing all of its assets and technologies to maximize shareholder value," said Richard Snyder, chairman and CEO of the company. Don't those words just chill you to the bone? Maximizing shareholder value. As if that excuses everything. Maximizing shareholder value, no matter who gets hurt. That's the proprietary way. The problem is, software is too vital to the public interest for it to be held hostage by every greedy patent-holding pig on the planet. The same goes for his shareholder piglets, too. True to the piggy template, Forgent announced it has sued everybody and his cousin for"infringing" its patent on JPEGs, a standard format that everyone used in good faith for ages. The patent is almost two decades old, and now they want their money. Gotcha. The Proprietary IP Business Model.
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