It?? amazing how much power a single patent owner can wield in the telecom industry. Just consider Klausner Technologies. The company, which is headed by PDA and electronic organizer inventor Judah Klausner, is currently suing Verizon Wireless, Google, LG and others claiming that their visual voicemail feature infringes on Klausner?? patents.
Klausner?? legal track record is quite good. Back in June, the New York-based outfit settled with AT&T and Apple after suing the carrier and the handset maker over patent infringement involving a similar voicemail feature. Last year, it settled with Vonage. In 2006, it settled with AOL.
Turns out, Klausner?? 25 patents may be crucial to making Web calling and next-generation voicemail services tick. While, a few years ago, Klausner was suing Web-calling providers, he now threatens wireless giants. And some of these billion-dollar companies, which are investing millions into research and development, are starting to pay up.