PTAB Rules against Nichia, Affirms Patent LED Patent Validity
shot by IP News Shots / 3:37 pm on 18 November, 2021
The Patent Trial and Appeal Board (PTAB) affirmed a surface mount LED patent validity by Document Security Systems Inc. Nichia Corporation’s proposed construction of a key claim regarding the patent it had challenged to be invalid could not convince PTAB with its invalidity arguments. PTAB’s decision will help Document Security in a patent infringement lawsuit against Nichia in California.
Industry: Blockchain, Chemicals | News Category: Litigations | Type of IP: Patent
Read more at Law360
MMA Enters into Patent License Deal for Blockchain, Gaming Patents
shot by IP News Shots / 5:44 pm on 06 October, 2021
MMA Global, Inc. has entered into a patent licensing deal consisting of a portfolio of 41 patents from Americorp Investments LLC. MMA believes that the patent portfolio will protect the major aspects of the intellectual property (IP) backbone of gaming, blockchain, and blockchain-gaming facets of its business model. The patent license contains an initial license fee worth 2,500,000 shares of LUSI common stock and warrants to buy 7,500,000 shares.
Industry: Blockchain, Entertainment | News Category: Deals - Licensing | Type of IP: Patent
Read more at EIN Press Wire
IPwe and IBM to Join Hands to Convert Patents to Digital Assets
shot by IP News Shots / 7:35 pm on 22 April, 2021
IPwe and IBM will be working towards the creation of infrastructure through which intellectual property such as patents can be represented as digital assets or non-fungible tokens (NFTs), the records of which may be stored on a blockchain network. The move is aimed at making the sale, purchase, and commercialization easier for investors as well as inventors.
Industry: Blockchain | News Category: General Updates
Blockchain Firm Accuses Co-founder Over Transfer of Expired Patents
shot by IP News Shots / 10:54 am on 12 October, 2020
A lawsuit has been filed with the US District Court for the Central District of California by Rocketfuel Blockchain against its co-founder. The plaintiff alleges misrepresentation of patent application by the co-founder and defrauding the company. Damages of at least $5.1 million are sought by Rocketfuel from the defendant. The company states that the patents in question had been transferred to the company by the co-founder.
Read More at: https://cointelegraph.com/news/payments-firm-rocketfuel-blockchain-sues-co-founder-over-expired-patents
Industry: Blockchain | News Category: Litigations