Nintendo and Philips cross-licensing agreement ends patent dispute
Nintendo have agreed a settlement with Philips, after the electronics manufacturer accused the company of breaching several of their patents.
Suits were filed against Nintendo in four countries – the UK, Germany, France and the United States – over the past three years, with motion controls implemented for Wii and Wii U violating patents for “interactive virtual modelling” and “human computer interaction.”
Both companies have now reached a settlement through a cross-licensing agreement, taking into account the patents that they have each filed – although the terms and financial ramifications of this haven’t been shared.
“We are very pleased to have reached this agreement with Nintendo,” comments Philips chief IPO officer Brian Hinman. “It demonstrates that both companies recognise the importance of intellectual property rights. It also shows the value of our extensive IP portfolio and our commitment to protect our significant investments in research and development.”
“We are pleased to have reached agreement with Philips, as it demonstrates that both companies recognise the importance of intellectual property rights,” Nintendo of Europe’s European general counsel Martina Franke echoed. “Nintendo has a substantial IP portfolio and a long history of developing innovative products while respecting valid intellectual property rights of others.”
[Thanks GamesIndustry International]