EQS-News: u-blox AG: u-blox and Interdigital sign new license agreement and dismiss litigation
EQS Group-News: u-blox AG
/ Key word(s): Legal Matter
Thalwil, Switzerland - November 12, 2019 - u-blox (SIX: UBXN, OTC: UBLXF), a global provider of senior positioning and wireless communication technologies, and the InterDigital Group (NASDAQ: IDCC), a mobile and video technology research and development company, entered into an agreement on November 1, 2019 that includes a license covering all u-blox cellular modules. As a result, all litigation matters between the two companies have been dismissed. In January of 2019, the United States Federal Court in San Diego, California, to determine fair, reasonable and non-discriminatory (FRAND) rates for patents licensed by the InterDigital Group. "u-blox respects the intellectual property rights of others and has always been willing to become a licensee to standard essential patents (SEPs)," said Thomas Seiler, CEO of u-blox. "In fact, u-blox is a value-added differentiator that benefits u-blox results in this category." create value for our customers. " About u-blox Find us on Facebook , LinkedIn , Twitter @ublox and YouTube u-blox contact: u-blox AG
End of Corporate News |
Language: | English |
Company: | u-blox AG |
Zürcherstrasse 68 | |
8800 Thalwil | |
Switzerland | |
Phone: | +41 44 722 74 44 |
Fax: | +41 44 722 74 47 |
E-mail: | [email protected] |
Internet: | www.u-blox.com |
ISIN: | CH0033361673 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 910075 |
End of News | EQS Group News Service |
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910075 12.11.2019