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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.
USPTO is holding a seminar on intellectual property protection in global market.
U.S. Patent and Trademark Deputy Director will be at ConMed Corporation in Utica, NY, on Friday August 4, to highlight the importance of intellectual property protection in a global market, the dangers of piracy and counterfeiting.
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Definition:
A transfer of rights in intellectual property.
TEAS
Definition:
USPTO's electronic filing system. It may be used to file a variety of documents with the USPTO, including new trademark applications, amendments to allege use, statements of use, responses to Office actions, and changes of address, just to name a few.
Servicemarks
Definition:
A word, phrase, logo, symbol, color, sound or smell used by a business to identify a service and distinguish it from those of its competitors.
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