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Trademark News
MOSAID Wins First Major Patent Acquisition Case
MOSAID Technologies has succeeded in gaining settlement with Infineon and its memory spin-off, Qimonda over infringements for various memory based patents. Infineon will pay MOSAID an undisclosed amount over 6 years and will receive licenses for MOSAID's complete patent portfolio.
"This is also MOSAID's first major patent acquisition, and our goal is to fully realize the value of this intellectual property over time," stated George Cwynar, President and Chief Executive Officer of MOSAID.
MOSAID has also purchased 50 patents from Infineon and Qimonda, related to a range of technologies including DRAM memory, and power management ICs, amongst others. MOSAID will pay for these patents also over six years. However the company stated that it expects positive earnings in respect to the licensing agreement. All other litigation between the two companies is expected to be dropped.
GI system uses administrative trademark structures.
The United States' GI system uses administrative trademark structures already in place, and provides opportunities for any interested party to oppose or cancel a registered GI if that party believes that it will be damaged by the registration or continued existence of a registration.
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Latest news about Trademark cases in California and nationwide:
Facts About Trademarks Is registration of my mark required? No. You can establish rights in a mark based on legitimate use of the mark. However, own... Read more >
Definition:
A transfer of rights in intellectual property. An assignment of a patent, for example, is a transfer of sufficient rights so that the recipient has title to the patent.
Patent
Definition:
A grant by the federal government to an inventor of the right to exclude others from making, using, or selling his or her invention.
Intellectual Property
Definition:
Certain creations of the human mind that have commercial value and are given the legal aspects of a property right.
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