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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.
An International Trademark Is Registered Country by Country
In international trade, the mark must be registered on a country by country basis. Federal registration provides nationwide priority rights and offers federal court protection against infringement.
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Definition:
The intellectual property is unprotected by copyright or patent, and can be freely used by anyone.
Universal Copyright Convention
Definition:
The UCC was created in 1952 through UNESCO to provide an international multilateral copyright treaty; the UCC remains significant in the countries that are UCC but not Berne Union members.
Community Trade Mark
Definition:
A trademark registration granted by the European Community Trademark Office and enforceable throughout EC member nations.
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