Tag: Jean-Yves Pikulik
Genetec breaks silence on patent trolls
August 11, 2020SSN Staff
MONTRÉAL—“We don’t negotiate payment with patent trolls,” Pierre Racz, president of Genetec Inc., said, as the company announced that a patent infringement lawsuit initiated by a non-practicing entity (NPE) was withdrawn by the NPE at an early stage in the proceedings. In a rare result, the NPE paid an undisclosed sum to Genetec.Genetec understands that legal attacks from NPEs are an unfortunate part of the technology business, representing a reported 90 percent of high-tech patent litigation...