Intellectual Ventures has recently sued Motorola over a patent dispute for Android. Google Inc. (NASDAQ:GOOG) is in the process of acquiring Motorola Mobility. Google is also an investor in Intellectual Ventures so they are getting sued by a company in which they are an owner.

Intellectual Ventures is suing a group of companies for patent infringement. Companies being sued include Acer, Adata Technology, Asustek Computer, Best Buy, Dell, Elpida Memory, Hewlett Packard, Hynix Semiconductor, Kingston Technology, Logitech International, Pantech and Wal-Mart. According to TechCrunch, the patents deal with memory technology and methods.

Intellectual Ventures is a company known for applying for tons of patents. They make a lot of money from forcing companies into paying them for royalties. It turns out that Intellectual Ventures made $700 million in 2010 licensing revenue or $2 billion total to date. Intellectual Ventures was started by former Microsoft CTO Nathan Myhrvold. Some people believe that Intellectual Ventures is a patent troll, but if you have read Superfreakonomics, you will learn that the company is involved in creating some useful inventions. [TechFlash]

Bellevue, Washington based business invention company Intellectual Ventures is suing 9 tech companies over patent infringement. This is the first time that Intellectual Ventures is suing for patent infringement.