Forgent Settles Remainder Of JPEG Patent Cases
Forgent Networks announced on Monday that it has reached a settlement with
respect to all remaining infringement claims that it had made in litigation
relating to the JPEG standard of digital image processing, or '672 patent'. The firm went after around 40 tech firms, including Microsoft, Research In
Motion, Agfa, Canon, Dell, Eastman Kodak, Fuji, Macromedia, Xerox, Gateway,
HP, and Toshiba. Speaking with regard to the settlement, the terms of which are confidential,
Forgent's Chairman and CEO, Richard Snyder announced that: "We are satisfied with the resolution of this matter. Over the life of
the '672 patent, we have collected in excess of $110M. Our focus now shifts
to the November '746 patent claims construction hearing and the May 2007 jury
trial and continuing to grow our NetSimplicity software business." .
|
|
IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2007. Contact us for further information.