u-blox seeks fair, reasonable and non-discriminatory (FRAND) licensing terms from Sisvel International
"u-blox respects the intellectual property rights of others and has always been and continues to be a willing licensee to standard essential patents (SEPs)," said Thomas Seiler, CEO of u-blox. "We have therefore asked a court to review and determine the FRAND rate for the patents held or managed by Sisvel International S.A.. u-blox is a committed licensee for the benefit of our customers and we believe that our willingness to license also positively distinguishes u-blox within the module industry. "
For further information regarding the lawsuit, please contact email@example.com.
u-blox (SIX:UBXN) is a global provider of leading positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and a growing ecosystem of product supporting data services, u-blox is uniquely positioned to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost-effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA.
u‑blox media contact:
Issuer: u-blox AG
Key word(s): Research/Technology
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