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Tag: patent troll


Genetec breaks silence on patent trolls

August 11, 2020SSN Staff

MONTRÉAL—“We don’t negotiate payment with patent trolls,” Pierre Racz, president of Genetec Inc., said, as the company announced that a patent infringement lawsuit initiated by a non-practicing entity (NPE) was withdrawn by the NPE at an early stage in the proceedings. In a rare result, the NPE paid an undisclosed sum to Genetec.Genetec understands that legal attacks from NPEs are an unfortunate part of the technology business, representing a reported 90 percent of high-tech patent litigation...

Genetec, Jean-Yves Pikulik, non-practicing entity, NPE, patent troll, Pierre Racz

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This Blog's on Fire (And Other Stuff)

Vivint protects its intellectual property with Intelligent Ventures partnership

September 17, 2014Tess Nacelewicz

With Vivint this summer launching Vivint Sky, a new cloud-based smart home solution featuring the company's own control panel and software, an announcement this week that Vivint has taken steps to protect its intellectual property with patents really is not surprising. Vivint has entered into a long-term partnership with Intellectual Ventures (IV), based in Bellevue, Wash., IV announced Sept. 16. The company is one of the nation's largest patent holders in the world, according to CNNMoney. IV says...

Cory Van Arsdale, intellectual property, Intellectual Ventures, patent troll, patents, Paul Evans, Vivint

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