Casa Systems recently announced it has joined LOT Network, the international community of the world’s leading high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as “patent trolls”).
An industry innovator for nearly 20 years, Casa Systems recognizes the threat that patent trolls can have on technology companies – where legal fees for taking a patent case through trial can cost millions of dollars, diverting valuable company resources away from core functions like R&D and product development.
The company believes that a more cost-effective approach – like membership in LOT Network – will allow its team to focus on what matters most – building a culture of constant exploration and pioneering new paths forward in the industry.
LOT Network members agree that if, and only if, any member’s patent assets fall into the hands of a PAE, all the other members of the community receive a free license, thereby immunizing them against PAE litigation from those assets. At the same time, members retain all traditional uses of patents – including selling them or using them to sue other companies – including other LOT Network members.
Timothy Rodenberger, General Counsel at Casa Systems
LOT Network is a cost-effective way to protect our business from the high cost of PAE litigation. We’re pleased to join a community of leading technology companies in building a safer ecosystem for the telecommunications community through our efforts, and we appreciate the work that LOT Network is doing within the 5G community to reduce confusion around standard essential patents in that space.
Ken Seddon, CEO at LOT Network
Casa Systems is sending a strong signal to their customers and their business partners by joining LOT Network. By being proactive in reducing litigation threats, Casa Systems is also protecting others with whom they do business.
