Mindmeld, Acacia (a patent-collecting company) just sent a letter to a Cisco customer claiming they intend to sue them. As a result, sales that pull some of Cisco's products have been stopped to this customer. The net is, Acacia is for the first time slowing down growth that would grow Cisco. I heard this from someone at a company that sells into Cisco's customer.
Acacia is essentially an anti-Silicon Valley, patent collecting company in Newport Beach (by Hollywood), CA that's trying to make money by forcing companies to pay them bribe money or risk blocking the rollout of key technologies. They are worse than the mafia.
I think Acacia intends to target Microsoft, Apple, CNN, Intel, indirectly Cisco, etc., specifically, they are targeting wifi, audio, etc.
Acacia only has $30 million in the bank - Silicon Valley should create an intiative to fight them back. 30 lawsuits in 30 different states would bankrupt them.
Regards,
Amy J |
