Sisvel Settles a Dispute with LG and Provides a License under Its Wi-Fi Patents
Hera Wireless S.A. (“Hera”) today announced that Hera and LG Electronics, Inc. (“LG”) have entered into a Wi-Fi patent licensing agreement, managed by Sisvel International S.A. (“Sisvel”). LG thereby joins the growing list of companies around the world that have access to the portfolio of patents held by Hera, which are essential to the IEEE Wi-Fi Standard.
The agreement between LG and Sisvel settles a dispute related to LG’s alleged infringement of Hera’s patents and it provides for a multi-year worldwide patent license covering the sale and distribution of certain Wi-Fi enabled LG products.
The Hera portfolio originated with Sanyo Electric of Japan. Sanyo was deeply involved with the development of this technology standard and was a forerunner of Wi-Fi technological innovation. The Hera portfolio is comprised of over 100 patents, including international coverage with filings in over 40 countries.
“We are pleased to conclude an agreement with LG that reflects the strength of Hera’s patent portfolio and we are very happy to welcome them to our ever-growing family of licensees.” said Nick Webb, Managing Director of Sisvel UK Limited.
About Hera & Sisvel: Hera is a wholly owned subsidiary of Sisvel International S.A., the holding company of the Sisvel Group. Sisvel is a world leader in managing intellectual property and maximizing the value of patent rights. Founded in 1982, the Sisvel Group is global in scope and reach, with companies in Italy, the United States, China, Japan, Germany, Luxembourg, and the United Kingdom, with over one hundred professionals worldwide with technical, legal, and licensing expertise. Sisvel has a long history of managing successful patent portfolios including those related to the audio compression standards known as MP3 and MPEG Audio.
Sisvel currently operates patent pools and joint licensing programs for the DVB-T2, MCP, LTE/LTE-A, 3G, Wi-Fi and Recommendation Engine, together with its Sisvel Wireless licensing program.
For additional information, please visit: www.sisvel.com .
Giulia Dini, +44 203 053 6930
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-GILEAD-SCIENCES-INC.10.12.2018 07:02 | Pressemeddelelse
Gilead Sciences Names Daniel O’Day Chairman and Chief Executive Officer
SAMSUNG-BIOEPIS8.12.2018 15:12 | Pressemeddelelse
Samsung Bioepis Announces Results of Additional One-Year Follow-Up Study Comparing Event-Free Survival of SB3 Trastuzumab Biosimilar Candidate to Reference Trastuzumab by ADCC Activity
AR-HARVEST-HEALTH-&-RECR7.12.2018 20:02 | Pressemeddelelse
Harvest Health & Recreation, Inc. to hold Conference Call to Discuss Q3 2018 Results and Performance Outlook
DC-VELODYNE-LIDAR7.12.2018 15:03 | Pressemeddelelse
David Hall Wows Industry with New Technology Solution for Space Exploration
TN-FEDEX-CORP7.12.2018 15:02 | Pressemeddelelse
Raj Subramaniam Named as FedEx Express President and CEO
CQN-VÄRDE-PARTNERS7.12.2018 12:45 | Pressemeddelelse
CORRECTING and REPLACING The Dedica Anthology Completes Its Planned Refinancing
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum