By : Business Wire
Source : http://www.businesswire.com
Category : Patent Infringement
Fractus, S.A. today announced another win in its years-long battle with Samsung Electronics Co. In his Final Judgment, U.S. District Judge Leonard Davis awarded Fractus over $23 million in damages for Samsung’s infringement, and, deeming the infringement willful, an additional $15 million in enhanced damages. Including costs and interest, the combined award totals more than $41 million.
In addition to the $41 million award against Samsung, Fractus has negotiated settlements worth nearly $70 million with major cell phone manufacturers including LG, HTC, RIM, Motorola, Sanyo, Pantech, Sharp, Palm, and UTStarcom.
“Fractus regularly licenses its patents and innovative technologies to its partners,” said Rubén Bonet, President and CEO of Fractus. “This judgment is an important milestone that shows our commitment to our licensing efforts in the wirelessly connected devices in the consumer electronics industry.”
Fractus originally filed suit in 2009 against ten mobile phone companies, nine of which opted out of court. At trial with Samsung, Fractus proved that the company willfully infringed on four of Fractus’ U.S. patents which cover the internal multiband antennas common in cell phones, tablets, laptops, navigation devices and other wireless portable devices. The Barcelona-based company has shown its dedication to executing its licensing strategy, having challenged in court some of the biggest names in the global technology sector.
Fractus has made itself a world leader in antenna IP and licensing, with more than 200 patents and patent applications worldwide, and over 50 in the United States.
Source : http://www.businesswire.com/news/home/20120731005444/en/Fractus-Awarded-41M-Patent-Infringement-Suit
No comments:
Post a Comment