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MOSAID Wins First Major Patent Acquisition Case
MOSAID Technologies has succeeded in gaining settlement with Infineon and its memory spin-off, Qimonda over infringements for various memory based patents. Infineon will pay MOSAID an undisclosed amount over 6 years and will receive licenses for MOSAID's complete patent portfolio.
"This is also MOSAID's first major patent acquisition, and our goal is to fully realize the value of this intellectual property over time," stated George Cwynar, President and Chief Executive Officer of MOSAID.
MOSAID has also purchased 50 patents from Infineon and Qimonda, related to a range of technologies including DRAM memory, and power management ICs, amongst others. MOSAID will pay for these patents also over six years. However the company stated that it expects positive earnings in respect to the licensing agreement. All other litigation between the two companies is expected to be dropped.
The examination procedure when the goods do not originate in the named place.
A designation is considered a geographical indication under §2(a) if it identifies the applicant's wines or spirits as originating in a territory known for a given quality, reputation, or other characteristic associated with wines or spirits.
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Definition:
The major multilateral copyright treaty, signed in Berne, Switzerland, in 1886. The Berne Convention, whose members form the Berne Union, is adhered to by more than 75 nations.
Washington Treaty
Definition:
China was among the first countries to sign this treaty, but the United States and Japan did not sign it due to disagreements with compulsory licences, the treatment of innocent infringement, and the protection of designs when they are incorporated in industrial products.
Priority Watch List
Definition:
Official U.S. designation that describes the level of intellectual property problems in a given country; countries having serious intellectual property problems.
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