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Garmin prevails in Philips patent dispute
February 5, 2021 GMT
OLATHE, Kan. (BUSINESS WIRE) Feb 5, 2021
Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced total victory in a trade lawsuit brought by Philips North America, LLC and Koninklijke Philips NV against Garmin. An Administrative Law Judge (ALJ) at the International Trade Commission (ITC) issued an initial determination on Feb. 4, 2021, finding that Philips’ asserted patents were invalid and did not cover Garmin’s popular wearable devices.
“Garmin is very pleased with the ALJ’s initial determination and conclusion that Philips’ patents are invalid and not infringed by Garmin’s products,” said Andrew Etkind, Garmin’s vice president and General Counsel. “This result was abundantly clear from the start. Garmin has repeatedly taken a stand against meritless patent lawsuits, and it is
Garmin International, Inc.: Garmin prevails in Philips patent dispute
Philips baseless allegations rejected by International Trade Commission
Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced total victory in a trade lawsuit brought by Philips North America, LLC and Koninklijke Philips NV against Garmin. An Administrative Law Judge (ALJ) at the International Trade Commission (ITC) issued an initial determination on Feb. 4, 2021, finding that Philips asserted patents were invalid and did not cover Garmin s popular wearable devices. Garmin is very pleased with the ALJ s initial determination and conclusion that Philips patents are invalid and not infringed by Garmin s products, said Andrew Etkind, Garmin s vice president and General Counsel. This result was abundantly clear from the start. Garmin has repeatedly taken a stand against meritless patent lawsuits, and it is our consistent policy to fight baseless patent claims.
Kountable Secures Funding in Series A-1 Led by Lateral Capital to Launch U.S. Membership and Scale COVID Response
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The global trade and technology platform expands to the U.S. and widens its pandemic response to further support SMEs
The bold, end to end technology solution offered by Kountable’s team across the US and Africa has the potential to unlock global trade between sophisticated customers large and small. We are fortunate to have the opportunity to support Chris and Kountable for the next chapter of their journey. SAN FRANCISCO (PRWEB) February 02, 2021
Kountable, the leading global trade and technology platform, today announced additional funding in Series A-1 led by Lateral Capital. Additional investors in this round include Bootstrap Labs, Kirk Bradley of Oracle, Position A Partners and Kountable s impact family office investors. The round also provided the initial capitalization of Kou