VIZIO, Coby resolve patent dispute -
VIZIO, Coby resolve patent dispute
Michelle Clancy ©RapidTVNews | 26-06-2012
HDTV manufacturer VIZIO has announced that digital TV maker Coby Electronics has become a licensee under VIZIO's QAM patent portfolio.
VIZIO owns a substantial worldwide patent portfolio directed to digital television technology. The parties have not disclosed financial terms of the agreement.
"We are pleased with the result of our patent licencing efforts," said Rob Brinkman, VIZIO chief administrative officer. "It further demonstrates the technical strength and value of VIZIO's patent portfolio."
The signing of the QAM licence with Coby also concludes actions brought against Coby by VIZIO in the International Trade Commission and in U.S. District Court. "Having successfully resolved the disputes, we shall continue to aggressively protect our rights and actively expand VIZIO's licencing programme," added Brinkman.
VIZIO recently settled another dispute with RCA in the same fashion.