“Notorious patent enforcement entity values its entire portfolio at $2, folds”

Shipping & Transit LLC (formerly known as ArrivalStar) had filed hundreds of cases claiming old patents give it a right to royalties over computer vehicle tracking, but “about 15 months ago, judges began to rule against [it] for the first time. That seems to have put a damper on its entire business model.” [Cyrus Farivar, ArsTechnica]

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