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ObjectVideo makes headway with licensing

OV settles with Sony, signs agreement with Sony and Tyco

RESTON, Va.—ObjectVideo made progress in February with its licensing efforts. The video analytics provider announced that it has settled a lawsuit against Sony and signed licensing agreements with both Sony and Tyco’s American Dynamics.

Object Video signs licensing agreement

Wednesday, February 1, 2012

There was an update today in video analytics provider Object Video’s patent licensing efforts. OV announced today that it has signed a global patent licensing agreement with Tyco Security Products’ American Dynamics business division.

You’ll recall that at ISC West last year, OV announced in April that it was suing Sony, Samsung and Bosch for alleged patent infringement

And, in June, it filed a complaint with the against the same companies with the International Trade Commission. That complaint seeks to bar Bosch, Samsung and Sony from importing and selling products containing software features and functions that allegedly infringe on OV’s patents.

OV CEO Raul Fernandez told me today that he can’t speak about the lawsuit, but he said the agreement with American Dynamics is the first of what he expects to be several similar agreements.

He said after the lawsuit and ITC complaints were filed, OV received “a series of inbound calls from [manufacturers] who wanted to understand the our licensing program.” He said there are “several negotiations ongoing [with manufacturers, but they’re not litigation-based negotiations” rather they’re manufacturers who have approached OV because “they’ve looked inward at their technology to see if there is a technology overlap with some of our patents.” This is OV’s preferred way to “approach licensing discussions but we are prepared to take another [legal] path if necessary.”

Fernandez said that the fact that Tyco is a “multi billion dollar, multi-national, multi-product line company that’s been in business a long time recognizes our innovations .. strengthens our case [for pursuing patent licensing] … it’s terrific for us.”

“Our American Dynamics business is developing a broad range of video analytics-enabled products,” said Warren Brown vice president of product management for Tyco Security Products. “As part of our pre-launch process, it was important to ensure that the growth we expect from these products would not be negatively affected by legal issues,” continued Mr. Brown. “This agreement with ObjectVideo gives us that certainty, allowing us to focus on the more important tasks of building great products that delight our customers.”

Asked how business is going, Fernandez said OV, which is privately held, had a good year with growth in its core software business and growth and backlog in its services side.

OV looks for quicker resolution with ITC complaint

Analytics maker believes ITC action will expedite financial settlement

RESTON, Va.—ObjectVideo, which in April filed a lawsuit against Sony, Samsung and Bosch for alleged patent infringement on some of its analytics, on June 29 filed a complaint against the same companies with the International Trade Commission.

Object Video sues Sony, Samsung, Bosch

Patent assertion program led to suit

RESTON, Va.—The news, announced last week, that video analytics maker ObjectVideo is suing Sony, Samsung and Bosch for alleged patent infringement on some of OV’s analytics took the industry by surprise, and had many asking the question: “Why now?”

Bosch appoints six regional sales managers

SSN Staff  - 

FAIRPORT, N.Y.—Bosch Security Systems, Inc. on Dec. 27 announced the appointment of six new sales managers for the South and Northeast regions of the United States. Each sales representative is responsible for working with Bosch dealers and integrators in their designated areas to help them win, support and maintain top quality security installations.