Tela Resolves Patent Dispute With Google and Pantech
Agreements Bolster Tela's Patent Licensing Program
LOS GATOS, CA -- (Marketwired) -- 06/12/14 -- Tela Innovations, Inc.
announced that it has resolved its pending patent infringement
litigation with Google by a mutual license agreement between the two
companies. Tela also reached a separate agreement to settle its
pending litigation with Pantech of Korea. Terms of the agreements
will remain confidential.
Motorola Mobility LLC, acquired by Google in 2012, and Pantech were
named as respondents in an investigation instituted in March 2013 by
the United States International Trade Commission as a result of a
complaint filed by Tela. Both parties were also named as defendants
in Tela's contemporaneously filed patent infringement action in the
U.S. District Court for the District of Delaware. Joint motions to
dismiss all pending litigation have been filed by the parties.
Litigation against the remaining defendants in these suits, LG
Electronics, Nokia and HTC, remains pending.
"Tela has invested significant resources to develop and protect its
foundational technology enabling continued semiconductor scaling and
these agreements are confirmation of the strength of our patent
portfolio," said Scott Becker, president and CEO of Tela. "Our
patented products enable designers to achieve the best performance,
area and power characteristics possible as semiconductor processes
continue to scale."
Tela has been ranked by IEEE Spectrum magazine as being among the
leaders of the semiconductor and electronics industry for the quality
and potential impact of its patents. In 2012 the prestigious
organization ranked the company 11th overall in the semiconductor
industry, on the strength of the quality of its innovations, which
are seen as having long-term impact on addressing key challenges in
Tela Innovations is a privately-held company based in Los
Gatos, California that provides solutions addressing the challenge of
scaling semiconductor design and manufacturing to advanced process
nodes. Tela was founded in 2005 by a team of experts in semiconductor
IP, design automation and process technology, and is backed by a
number of venture firms and corporate investors. For more information
on the company visit www.tela-inc.com.
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