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u-blox AG: u-blox seeks fair, reasonable and non-discriminatory (FRAND) licensing terms from Sisvel International



EQS Group-Media / 17.03.2020 / 13:00

Press Release
 

u-blox seeks fair, reasonable and non-discriminatory (FRAND) licensing terms from Sisvel International


Thalwil, Switzerland - March 17, 2020 - u-blox (SIX:UBXN, OTC:UBLXF), a global provider of leading positioning and wireless communication technologies, today announced that it has filed a lawsuit against Sisvel in the United States District Court for the Southern District of California in order to obtain a fair, reasonable and non-discriminatory (FRAND) license from Sisvel International S.A. and Sisvel U.S., Inc.'s standard essential patents (SEPs) used in 2G, 3G and 4G cellular communications.
 

"u-blox respects the intellectual property rights of others and has always been and continues to be a willing licensee to standard essential patents (SEPs)," said Thomas Seiler, CEO of u-blox. "We have therefore asked a court to review and determine the FRAND rate for the patents held or managed by Sisvel International S.A.. u-blox is a committed licensee for the benefit of our customers and we believe that our willingness to license also positively distinguishes u-blox within the module industry. "
 

For further information regarding the lawsuit, please contact [email protected].

 

About u-blox
 

u-blox (SIX:UBXN) is a global provider of leading positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and a growing ecosystem of product supporting data services, u-blox is uniquely positioned to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost-effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA.
 

Find us on Facebook, LinkedIn, Twitter @ublox and YouTube
 

u‑blox media contact:
Natacha Seitz
Senior Manager PR and Content Marketing
Mobile +41 76 436 0788
[email protected]



Issuer: u-blox AG
Key word(s): Research/Technology

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: 999193

 
End of News EQS Group Media

999193  17.03.2020 

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