Get Ready for Patent Wars as IP Europe Consortium Is Unveiled

  • Ericsson, Airbus lead intellectual property consortium
  • Goal is to battle for rules to better cash in on innovation

Circuit boards stand during production of 2G, 3G and 4G data networking devices at the company's factory in Tallinn.

Photographer: Peter Kollanyi/Bloomberg
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Apple Inc. and Samsung Electronics Co. beware -- Europe is getting ready for patent wars.

Some of Europe’s biggest producers of intellectual property are teaming up to battle for rules that’ll help them cash in better on innovation. Telecommunications network builder Ericsson AB, plane maker Airbus Group SE, French phone company Orange SA and train maker Alstom SA are among companies behind IP Europe, a consortium due to be unveiled today in Brussels.