Canon SED fraud case dismissed
Nano-Proprietary's fraud lawsuit against Canon in a Texas court has been dismissed, with a jury saying no damages had been sustained, since no products have actually shipped. Nano-Proprietary holds patents to some of the technology behind SED, and licensed it to Canon in 1999. Canon then brought Toshiba in as a manufacturing partner, and Nano filed suit. Now that all claims against Canon USA have been dropped, Canon doesn't have to pay any additional damages to Nano beyond the price of the original license -- but because the original SED patent licensing agreements with Canon have also been scrapped, rights to build the next-generation television have to be negotiated all over again.
[Via TG Daily]
Reader Comments (Page 1 of 1)
SimbaDogg @ May 8th 2007 1:23PM
Great...so we may actually see these tvs some time before the London summer games in 2012.
Kevin Murphy @ May 8th 2007 4:34PM
So, Nano is going to make these things themselves? Or start all the engineering over again with another partner? After all, it's not like Toshiba is going to share their results.
mike @ May 9th 2007 1:55AM
Sigh, Once again man kind is slowed in progress due to rich corporations fighting over who gets to sell what. Patents are a beautiful thing. One one hand, they protect the guy and his invention, on the other, they screw us customers over and cause brilliant innovations to be delayed, or never see the light of day.
AllenJ @ May 18th 2007 1:54PM
Canon had better renegotiate fast if it expects to ship anything this year.
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