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Have you ever heard of a PAE? No? Well it stands for Patent Assertion Entity, Still not sure what they do? You might recognize them if we call them patent trolls. PAEs are companies that own the rights to patents through contracts with inventors or that buy them from others with the sole intent to file law suits against anyone that might be infringing on any patent they currently own. It is a big business and one that costs the market millions of dollars each year.

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