OV makes peace with another camera manufacturer
UPDATED Nov. 15 with information about Bosch agreement.
ObjectVideo announced today that it's signed a licensing agreement with Pelco, putting to rest the patent infringement lawsuit filed by OV against Pelco.
When I spoke to OV CEO Raul Fernandez in July about a similar agreement OV made with VIVOTEK, Fernandez said another agreement would be announced soon. Presumably this is that agreement--which would mean Pelco came in under the "amnesty" offer as well.
The Vivotek agreement came about as the result of an amnesty deal that OV announced just before ISC West 2012.
"We are pleased to have entered into a global, portfolio-wide license agreement with Pelco and to have the benefit of a cross license to Pelco's intellectual property," said Raul Fernandez, chairman of OV.
Pelco is the sixth company to sign a licensing agreement with OV. Others include: Sony Corporation, Tyco Security Products' American Dynamics business unit and VIVOTEK. ObjectVideo began its "patent assertion program" at ISC West 2011.
And, on Nov. 14, ObjectVideo announced it had reached "an amicable settlement with Bosch Security Systems, Inc., of Fairport, New York, which includes, among other mutual obligations, a global, portfolio-wide patent license agreement with Bosch."
The two companies have asked the United States International Trade Commission to terminate its proceedings related to the matter, the statement said.
"The agreement amicably settles the matter and allows us to focus our full attention on our customers," said Christopher Gerace, president, Bosch Security Systems, in a prepared statement.