Home / / Failed negotiations see IBM taken to court

Failed negotiations see IBM taken to court

Patent licensing firm Mosaid Technologies claim IBM has infringed on six of its United States patents

International Business Machines Corp. has been sued by Ontario-based patent licensing firm Mosaid Technologies for allegedly infringing on its patents.

The dispute, which has been going on for years, is over IBM’s manufacture and sales of microprocessor and application specific integrated circuit (ASIC) products. Mosaid claims that they are in violation of six United States patents that were granted for its dynamic random access memory (DRAM) circuit inventions.

"We are taking this action to protect our intellectual property because we have been unable to reach a reasonable settlement with IBM, despite many years of negotiation," said John Lindgren, Mosaid president and CEO in a company statement issued yesterday.

"MOSAID has licensed virtually 100% of the global commodity DRAM industry, including signing patent license agreements covering embedded DRAM products. The value of our patents is internationally recognized,” Lindgren added.

Follow us to get the most comprehensive IT Security news delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.