This makes me sad.
I get that they used to be the world’s most prestigious watch maker, I have drooled over Swiss watches many a time….. And while I love my smartwatch so much that I would not go back to a mechanical watch, it pains me to see such a tactic unfold.
Bloomberg Business believes that the Swiss firm is playing the long game by quietly hoarding a pile of (173) patents related to the technology.
So in a nutshell, they are going to sue everyone they can for breach of patents in order to keep the company alive.
My beef is that this will only stifle innovation.