Axis Wins, Avigilon Tripwire Patent Annulled

By Bay Street are you implying the Toronto stock exchange? I don't get it. Avigilon is no longer a publicly traded company as it was acquired by Motorola Solutions which trades on the NYSE.

Patents stifle innovation.

Both agree and disagree. I see you are a manufacturer.  Does your firm not have some patents in play?  Axis certainly does.  What I feel stifles innovation is the horrible patent system in play in the US, the methods used to abuse it, and the sheer amount of capital that some of these companies wield.  I'm not saying Avigilon was an abuser or not - I simply don't know.  ObjectVideo was definitely a patent troll at the end.

Note: I did not vote the disagree.

Patents are one reason that innovators are motivated to innovate. Say you come up with the next wiz-bang thing. If there were no patents, then you would have instant competition that also has the same wiz-bang thing that they copied from without all that pesky effort and investment. That's an oversimplified view, but your comment is also oversimplified.   

It's a wholly owned subsidiary that I believe holds their patent portfolio. It is mentioned, e.g., in this Avigilon financial report.

I am guessing there is some form of legal reason to do so but it's fundamentally a part of Avigilon.

Would Axis endure this protracted and expensive ordeal again?

But there is more to this than just a single patent. Avigilon now has to be concerned about what Axis is willing to do to Avigilon's other patents.

Also, keep in mind, Axis does more than a billion dollars in revenue so they have the scale where it may be worth spending $100,000 on contesting this patent to save that on patent licensing.