Intel Suit Alleges Softbank Investment Company Stockpiles Patents

Chipmaker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits. The complaint filed in the U.S. District Court for the Northern District of California in San Jose alleged that Fortress Investment Group, which SoftBank bought in 2017 for $3.3 billion, acquired control of more than 1,000 U.S. technology patents.