Irish touch and gesture technology licensor Neodrón Limited has reached a settlement with several leading consumer electronics companies.
Neodrón Limited, a leading Dublin-based licensor of technology focused on the touch sensor market, announced yesterday that it reached a settlement with ten of the world’s largest consumer electronics companies.
The settlement brings an end to various high profile legal actions concerning allegations of patent infringement against those companies, based on the importation and sale of smartphones, tablets and laptops with advanced capacitive touchscreens.
Neodrón is a technology licensing company covering capacitive touch sensors and touch controllers.
Established in 2018, Neodrón has assembled a comprehensive intellectual property portfolio in the capacitive touch sensor arena.
Neodrón’s patents enable capacitive touch sensor and controller functionality for smartphones, smartwatches, tablets, smart appliances, and automotive displays. Neodrón will continue to protect this valuable technology against infringers.
The legal actions brought by Neodrón began in 2019 in Germany, China, and the United States (including before the International Trade Commission).
Aoife Butler, general counsel at Neodrón’s management company Atlantic IP Services Ltd, commented: “We are very pleased with this outcome.
“We have accomplished an incredible string of favourable rulings and other success in the infringement actions.
“This settlement further vindicates the strength and fundamental nature of the Neodrón patent portfolio.
“The lifeblood of any economy is innovation. And there can be no innovation without a strong, robust patent system, which spurs innovation by protecting the rights of patent holders, including the monetization of intellectual property.
“This outcome is an example of the patent system working. And the settlement confirms there is a cohesive and, indeed, complementary relationship between innovation and industry when patent rights are enforced and licensed the right way,” the lawyer said.