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July 07, 2015 11:48 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Ceton Corporation

Company Overview

Ceton Corporation develops in-home digital entertainment and communication solutions. It offers InfiniTV 4, a multi-tuner PC card for watching digital cable TV on the PC; and Cable Quad-Tuner card, a four-tuner digital cable solution for Windows 7 PCs with Windows media center. The company was incorporated in 1992 and is based in Kirkland, Washington.

4020 Lake Washington Boulevard NE

Suite 101

Kirkland, WA 98033

United States

Founded in 1992

Phone:

425-828-0515

Fax:

206-299-3536

Key Executives for Ceton Corporation

Chief Executive Officer and President
Director of Corporate Development
Vice President of Research and Development
Vice President of Systems Integration
Vice President of Software Development
Compensation as of Fiscal Year 2015.

Ceton Corporation Key Developments

Gibson Brands Inc. Sues Ceton Corporation over Wireless Speaker System

Gibson Brands Inc. is suing Ceton Corporation for more than $12.5 million, claiming the company breached a contract in developing a wireless home entertainment system. The maker of Les Paul guitars claims it has paid Ceton more than $950,000 since June to develop the technology. Gibson claims the terms of the agreement would make it the exclusive owner of all of the technology and intellectual property developed by Ceton during the course of the relationship. Ceton now is attempting to claim ownership of the technology that Gibson conceived and funded, apparently so that Ceton may license the technology to others in direct competition with Gibson. Gibson is asking for compensatory damages - including more than $2.5 million in estimated costs to complete the project with a third party, and more than $10 million in lost profits because of Ceton's delay and failure to perform. Gibson is also requesting the court to compel Ceton to surrender all the work product associated with the services and deliverables funded by Gibson, and order that Ceton may not market, license or sell any intellectual property or technology tied to the products developed under the contract.

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