Got Patents? Google Wants ‘Em

Looking to offload some patents and make some extra cash? Google may be an interested buyer.

The Web giant on Monday launched a Patent Purchase Promotion, an “experiment to remove friction from the patent market and improve the landscape.” On May 8, Google plans to open a portal where you’ll be able to tell the company about the patents you’re willing to sell, and how much you’re looking to make.

The portal closes on May 22, at which time Google will review all the submissions and let you know by June 26 whether it’s interested in buying your patents. If Google does want to buy your patents, you should get paid by late August, the company said.

(Via PC Magazine)

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