Ofinno and Honda Complete Large Patent Transaction
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Ofinno, LLC, a leading technology research company in the areas of wireless communications and video compression, announced today that they have completed a large patent transaction with Honda Motor Co., Ltd.
Over the past 6 months, Ofinno has sold several hundred patents to large international companies, including some of the largest handset manufacturers. RESTON, Va. (PRWEB) June 02, 2021 As part of the transaction, Honda acquired over 100 high-value patents from Ofinno. The assets cover a broad range of technologies relating to cellular signaling and radio resource management.
“Honda is one of the most innovative companies in the world, not just in the automobile space, but in countless other areas like robotics, artificial intelligence, and the aerospace fields” said Ofinno’s Chief Intellectual Property Officer, Kavon Nasabzadeh. “Ofin
iTWire Monday, 10 May 2021 20:20 Ericsson and Samsung sign global patent license agreement
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The fight for 5G supremacy continues apace, with Samsung and Ericsson joining forces with an agreement that includes global patent cross license of cellular technologies, including 5G, while ending all ongoing patent related legal disputes between the two companies.
Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021.
Furthermore, Ericsson and Samsung state they have agreed on technology cooperation projects to advance the mobile industry in open standardisation and create valuable solutions for consumers and enterprises.
May 7, 2021 1:53pm
The new cross-license agreement between Samsung and Ericsson covers sales of network infrastructure and handsets from January 1, 2021. (Getty Images)
Ericsson and Samsung have reached a multi-year global patent license agreement for cellular technologies including 5G, marking an end to related legal disputes between the two.
The settlement is a positive for Ericsson, which took a hit to Intellectual Property Rights (IPR) licensing revenue in the first quarter thanks in part to then-unresolved contract renegotiations with Samsung.
As a result of the IPR deal with Samsung, Cowen analysts anticipate faster resolution of Ericsson’s other outstanding expired patent license agreements given the South Korean vendor’s “lead steer status.”
Ericsson and Samsung sign global patent license agreement
Agreement includes global patent cross license of cellular technologies, including 5G
Settlement ends all ongoing patent related legal disputes between the parties
In the second quarter 2021, IPR licensing revenues are expected to be SEK 2.0 b. to 2.5 b.
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STOCKHOLM, May 7, 2021 /PRNewswire/ Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021.
Furthermore, Ericsson and Samsung have agreed on technology cooperation projects to advance the mobile industry in open standardization and create valuable solutions for consumers and enterprises.
ABOUT ERICSSON Ericsson enables communications service providers to capture the full value of connectivity. The company s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com This release includes forward-looking statements, including statements reflecting management s current views relating to the growth of the market, future market conditions, future events, financial condition, and expected operational and financial performance, including, in particular the following: