Master Moose sends this quote from a Bloomberg report: "When Apple's next iPhone hits store shelves, Technicolor's engineers will rush to get the handset — not to make calls or play games, but to rip it apart. Technicolor, an unprofitable French company that invented the process for color movies used in The Wizard of Oz and countless other classics, plans to cash in on its 40,000 video, audio and optics patents to turn its fortunes around. The company has a team of 220 people dissecting every new smartphone and tablet from industry goliaths such as Apple, Samsung Electronics and HTC for patent infringements. Although Technicolor signed its first licensing deal in the 1950s, de Russe [executive vice-president of intellectual property at Technicolor] said, 'it feels like the rest of the world has just woken up to why patents are interesting.' Patent licensing is the most profitable business of the company."
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