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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.
The International Trademark Association Was Established In 1878
INTA is a 121-year-old not-for-profit membership organization. Membership in INTA is open to trademark owners and those who serve trademark owners since 1878.
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Definition:
Protect words, names, symbols, sounds, or colors that distinguish goods and services from those manufactured or sold by others and to indicate the source of the goods.
Goodwill
Definition:
The value of a business or of a line of goods or services, beyond its tangible assets, that reflects its commercial reputation.
Domestic Representative
Definition:
A person residing within the United States who is appointed by a patentee or assignee of a trademark application or registration that does not reside in or is not domiciled within the United States.
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