IT giant Microsoft takes an innovative move to expand its Azure IP Advantage Program by donating 500 patents to start-ups that are part of a non-profit organization called License on Transfer (LOT) Network.
Azure IP Advantage Program was launched by Microsoft in 2018. This program saves users of Microsoft’s cloud computing service – Azure – against patent trolls. LOT Network assists companies in getting protected against patent trolls by allowing them access to several varieties of patents from its portfolio of more than 400 companies including Netflix, Facebook, Amazon, Google, Uber, and several others.