NTP Sues Apple, Google, Other Smartphone Makers |
| Wall Street Journal - Jul 9, 2010 |
NTP Inc., best known for getting a settlement from Research In Motion Ltd. (RIMM, RIM.T) over email technology, is shifting its legal sights to a number of smartphone makers, including Apple Inc. (AAPL) and Google Inc. (GOOG).
NTP, which holds a number of patents but doesn't manufacture any products, filed a lawsuit Thursday in the U.S. District Court in the Eastern District of Virginia against Apple, Google, HTC Corp. (HTCXF, 2498.TW), LG Electronics Inc. (066570.SE), Microsoft Corp. (MSFT) and Motorola Inc. (MOT) over eight patents related to the wireless delivery of email to cellphones.
Legal tactics increasingly have become common among technology players looking to defend their turf, intimidate competitors or extract an additional revenue stream through a forced licensing agreement. NTP has precedence--Research In Motion paid the company $612.5 million in a settlement to prevent a potential injunction of its popular Blackberry smartphones--which makes it a legitimate threat to other smartphone makers.
"Use of NTP's intellectual property without a license is just plain unfair to NTP and its licensees," company co-founder Donald E. Stout said in a statement. "We took the necessary action to protect our intellectual property."
Read Full Article from Wall Street Journal
- Posted: 2010-07-09 21:54:55
| More Stock Investor Place Company News |
 |
|
|
|
| Stock Investor Place Company News Archive |
|
|
|
