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Money > Business Headlines > Report January 23, 2001 |
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IBM tops US patents' listOur Correspondent in Bombay For the eighth consecutive year, IBM was awarded maximum number of US patents in 2000, with a record of 2,886 issued by the United States Patent and Trademark Office. IBM topped the next closest company by more than 850 patents. A media release by IBM says that the company's number of patents surpassed the combined total of patents awarded to eight of its largest competitors- Hewlett-Packard, Intel, Sun, Microsoft, Cisco, Dell, Oracle and EMC. The results were reported last week by IFI CLAIMS Patent Services, which compiles the CLAIMS patent database and annually reports the number of US patents issued to companies. "In an industry driven by innovation, patent leadership demonstrates a commitment to developing technologies that benefit our customers and fuel IBM's growth," says Nicholas M Donofrio, senior vice president, Corporate Technology and Manufacturing. "The creativity of our technical teams is helping push the industry in new directions that are determining the next steps in e-business." Technology breakthroughs were patented in critical areas of IBM's business during 2000 with nearly 1,000 patents awarded for software, about 1,000 for microelectronics and 400 for storage technologies. IBM's patent leadership is a direct result of the company's continued investment in research and development, with focus on innovative technologies and bringing those technologies to market quickly. According to Donofrio, one third of the technologies IBM patented in 2000 are already in the marketplace and many more will reach the market in 2001. Further, IBM's total intellectual property portfolio again generated more than $1 billion in licensing royalties in 2000. IBM holds nearly 34,000 patents worldwide, including about 19,000 in the US. In addition, the company is one of the largest non-European patent holders in Europe. It is also one of the largest non-Japanese patent holders in Japan. |