TiVo And Samsung Settle Patent Dispute

Posted: Nov 3 2016, 3:41pm CDT | by , in News | Latest Business News


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TiVo and Samsung Settle Patent Dispute
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TiVo sued Samsung back in 2015 for patent infringement. Today the companies announced a deal settling the dispute.

TiVo today announced that TiVo and Samsung Electronics have agreed to terms regarding a broad intellectual property license that will provide certain rights under TiVo’s patent portfolios for Samsung’s leading mobile, consumer electronic and set-top box businesses. As part of the agreement, the parties will seek an immediate stay of all pending litigation and patent challenges between the two companies and, upon satisfaction of certain conditions in Q4 2016, will seek dismissal thereof.

“TiVo is pleased we were able to reach the terms of an agreement with Samsung, one of the world’s most valued brands, and we look forward continuing to work with Samsung to advance the consumer entertainment experience,” said Tom Carson, CEO, TiVo. “We believe this agreement with Samsung demonstrates the ongoing relevance of our intellectual property well into the future, as well as in key markets such as mobile. The arrangement also exemplifies the synergistic opportunities created by Rovi’s acquisition of TiVo to deliver significant value to our customers.”

TiVo sued Samsung in 2015 for patent infringement.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.




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