February 17, 2006
Forgent Networks announced on Wednesday that it entered into a license arrangement with BenQ America allowing BenQ to continue to use Forgent’s image compression technology. This technology, covered under U.S. Patent No. 4,698,672 ("Coding system for reducing redundancy"), is the subject matter of several dozen pending lawsuits (some consolidated) initiated by Compression Labs, Inc., a wholly-owned subsidiary of Forgent. Compression filed suit against 44 defendants, and so far, over a dozen have settled via license agreement. This is the fourth settlement announcement by Forgent this month alone. This patented technology has yielded Forgent and Compression the majority of the $105M in license fees and royalties from Forgent’s active Intellectual Property Program.
Forgent’s Press Release on the BenQ License: LINK
Forgent’s Intellectual Property ‘672 Patent Website: LINK
U.S. Patent No. 4,698,672: LINK
Forgent’s Press Release on the BenQ License: LINK
Forgent’s Intellectual Property ‘672 Patent Website: LINK
U.S. Patent No. 4,698,672: LINK
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