Kudelski reaches agreement in patent dispute with Yahoo
The Vaud-based company Kudelski and the US Internet company Yahoo are settling their patent dispute. Yahoo will pay Kudelski a one-off license fee in advance.
Kudelski did not disclose the amount of the payment in a statement on Thursday. The company, which specializes in encryption software, had accused Yahoo of infringing patents belonging to the American Kudelski subsidiary Open TV with its applications for Internet television, advertising and online betting.
Since 2012, Kudelski has fought a whole series of patent lawsuits against several large technology companies, including Yahoo, Apple, Google, Cisco Systems, Verizon and Netflix. Kudelski reached an agreement with Netflix last year. The two companies have been working together ever since.
Bank Baader Helvea estimates the total payments that Kudelski has received so far in the course of patent disputes to be in the low to mid double-digit million range. The amount could double in the coming years in view of the patent infringements by other companies, particularly from the USA, writes the analyst responsible. (SDA)
