Nintendo and Philips have finally ended their dispute over the Wii’s technology with a global patent license agreement
Today Nintendo of Europe has released a statement announcing that they and Philips have finally ended their dispute over the Nintendo Wii’s and the Wii remotes technology with a global patent license agreement.
As part of the global patent license agreement, the patent invalidity brought to Nintendo by Philips as well as the infringements brought to Philips by Nintendo are now invalid. However the statement also revealed that they will not be disclosing the financial details or other terms of the agreement.
In the statement the European General Counsel of Nintendo of Europe, Martina Franke said that “We are pleased to have reached agreement with Philips, as it demonstrates that both companies recognize the importance of intellectual property rights” and that “Nintendo has a substantial IP portfolio and a long history of developing innovative products while respecting valid intellectual property rights of others.”
This agreement was reached after Nintendo UK lost a court case against Philips earlier this year as Philips attempted to keep their intellectual property, and remove the Nintendo Wii and the Wii U from the market. Throughout this dispute Philips have brought Nintendo to court four times.
Today Nintendo of Europe has revealed that they have entered a global patent license agreement with Philips those ending the dispute over the Wii and the Wii remote technology.
Original Source: My Nintendo News