Forbes is reporting that Ross Perot has put together a $200 Milllion Fund for the purpose of buying undervalued portfolios of patents. The patents value could be realized either by licensing the technology, or less satisfyingly filing patent infringement cases. No comment from The Stalwart on whether this is a wise move or not, but notes merely this: We're still in an age of abundant and cheap money and the thirst to buy things, anything (companies, commodities, houses, land, etc.) continues unabated. If I had to guess, they're probably overpaying.
Related: VCs are enjoying things as well.