By: RTT Nwes
Category: Patent Infringement
(RTTNews) - Graphic Properties Holdings Inc. Tuesday filed separate lawsuits against Apple Inc. (AAPL: News ) and five other companies alleging that their mobile phones and other devices infringe one of its key patents. The suit was filed in the U.S. District Court in Wilmington, Delaware.
Apart from Apple, other defendants in the lawsuit include Sony Corp. (SNE: News ), Research in Motion (RIMM, RIM.TO), Samsung Electronics Co.(SSNLF.PK, SSNNF.PK), HTC Corp., and LG Electronics Inc.
According to Graphic Properties, the patent in dispute pertains to a technology for a display system for smartphones. The concerned technology was patented in January 2011 and is called "Display System Having Floating Point Rasterization and Floating PointFramebuffering." The patent relates to a computer graphics process that turns text and images into pixels to be displayed on screens.
In the lawsuits, Graphic Properties named the following devices as infringing upon that patent: Apple iPhone, Research in Motion Torch, Sony Xperia Play smartphones, Samsung Galaxy S and Galaxy S II, and the HTC EVO4G, LG Thrill.
Graphics Properties said it will suffer immense harm unless the infringements are halted. It said the Defendants' conduct could results in loss of its lawful patent rights to exclude others from using its inventions.
Further, in the lawsuits, Graphic Properties said that the Defendants' disregard for its property rights threatens its relationships with existing licensees and potential licensees of its consumer electronics and display device patents.
In the lawsuit, Graphic Properties also seeks reasonable royalties and other damages as compensation.
Graphic Properties Holdings Inc. manages the Patent portfolio and intellectual property rights of Silicon Graphics Inc, which went bankrupt in 2009. The company is now owned by private funds and institutional investors. Graphic Properties still licenses intellectual property used in the graphics, computer processing and display segments.
AAPL closed Tuesday on the Nasdaq at $614.48, up $7.50 or 1.24%, on a volume of 21.7 million shares.
RIMM closed at $13.89, down $0.15 or 1.07%, on a volume of 14.5 million shares.
Source: http://www.rttnews.com/1849111/graphic-properties-sues-apple-five-others-for-patent-infringement-update.aspx?type=bn&utm_source=google&utm_campaign=sitemap
Category: Patent Infringement
(RTTNews) - Graphic Properties Holdings Inc. Tuesday filed separate lawsuits against Apple Inc. (AAPL: News ) and five other companies alleging that their mobile phones and other devices infringe one of its key patents. The suit was filed in the U.S. District Court in Wilmington, Delaware.
Apart from Apple, other defendants in the lawsuit include Sony Corp. (SNE: News ), Research in Motion (RIMM, RIM.TO), Samsung Electronics Co.(SSNLF.PK, SSNNF.PK), HTC Corp., and LG Electronics Inc.
According to Graphic Properties, the patent in dispute pertains to a technology for a display system for smartphones. The concerned technology was patented in January 2011 and is called "Display System Having Floating Point Rasterization and Floating PointFramebuffering." The patent relates to a computer graphics process that turns text and images into pixels to be displayed on screens.
In the lawsuits, Graphic Properties named the following devices as infringing upon that patent: Apple iPhone, Research in Motion Torch, Sony Xperia Play smartphones, Samsung Galaxy S and Galaxy S II, and the HTC EVO4G, LG Thrill.
Graphics Properties said it will suffer immense harm unless the infringements are halted. It said the Defendants' conduct could results in loss of its lawful patent rights to exclude others from using its inventions.
Further, in the lawsuits, Graphic Properties said that the Defendants' disregard for its property rights threatens its relationships with existing licensees and potential licensees of its consumer electronics and display device patents.
In the lawsuit, Graphic Properties also seeks reasonable royalties and other damages as compensation.
Graphic Properties Holdings Inc. manages the Patent portfolio and intellectual property rights of Silicon Graphics Inc, which went bankrupt in 2009. The company is now owned by private funds and institutional investors. Graphic Properties still licenses intellectual property used in the graphics, computer processing and display segments.
AAPL closed Tuesday on the Nasdaq at $614.48, up $7.50 or 1.24%, on a volume of 21.7 million shares.
RIMM closed at $13.89, down $0.15 or 1.07%, on a volume of 14.5 million shares.
Source: http://www.rttnews.com/1849111/graphic-properties-sues-apple-five-others-for-patent-infringement-update.aspx?type=bn&utm_source=google&utm_campaign=sitemap
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