Exegy Sues Activ Financial: The Problem with Patents

Max Bowie recalls some hit-and-miss patent cases from the past two decades, and what this one might mean for the future.


St. Louis-based hardware ticker plant and feed handler vendor Exegy is no stranger to lawsuits: no sooner had it launched the industry’s first hardware ticker plant and announced plans to merge with HyperFeed Technologies in 2006, than the deal fell through and HyperFeed sued, claiming that Exegy misrepresented its intentions and tried to change the agreement.

That was 13 years ago—ancient history, by modern standards, though I still remember it like yesterday. Another old story that I remember

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