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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.
This is the discription of a trade name.
A trade name is any name used in the course of business that does not include the full legal name of all the owners of the business.
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Definition:
The legal basis for filing an application for registration of a mark. The Trademark Act sets out five filing bases, and an applicant must specify and meet the requirements of one or more bases before the mark will be approved for publication for opposition or registration on the Supplemental Register.
Author
Definition:
The real person who creates a copyrightable work or the employer, corporate or individual, of a person who creates a copyrightable work within the scope of employment, or in some circumstances, the commissioning party of certain specified types of works.
Service Mark
Definition:
A word, slogan, design, picture, or any other symbol used to identify and distinguish a service (hotel and restaurant services, sales services, investment services, and the like) as opposed to a product.
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