Forgent Networks has reached an $8 million settlement with some of the technology industry's biggest players over the use of a patent covering the ubiquitous JPEG digital image format. Hewlett-Packard, IBM, Microsoft and Sun were among the companies settling with Forgent in U.S. District Court in San Francisco. The court in June dealt Forgent a blow when it ruled that the patent applied only to video, severely limiting the scope of Forgent's claims and ending the company's plans for more litigation.
November 03, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A company that generates most of its revenue from patent licensing and litigation has reached an $8 million settlement with some of the technology industry’s biggest players over the use of a patent covering the ubiquitous JPEG digital image format.
U.S. Patent No. 4,698,672 had been a mainstay for Austin, Texas-based Forgent Networks Inc., bringing in more than $110 million in settlements and licensing fees over the past three years.
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