Yahoo! Signs JPEG Patent License With Forgent
Michael Kanellos writes in the C|Net 'Future Tech' Blog:
Search giant Yahoo has decided to take a license out on the so-called JPEG patent with [Austin, Texas-based] Forgent Networks. Under the deal, Yahoo will pay Forgent royalties but be dismissed from the pending patent suit taking place in the U.S. District Court for the Northern District of California.
The suit, which involves several remaining defendants, revolves around U.S. patent number 4,698,672. Forgent acquired the patent when it bought Compression Labs in 1997. During an audit of its intellectual property portfolio in the early 2000s, company officials first realized that the patent, in their belief, embodied a method for compressing photographs that was being used by digital camera makers and others.
posted by Fergie @ 12/15/2005 10:11:00 AM
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