By Vineetha Menon
Patent licensing firm Mosaid Technologies claim IBM has infringed on six of its United States patents
International Business Machines Corp. has been sued by Ontario-based patent licensing firm Mosaid Technologies for allegedly infringing on its patents.
The dispute, which has been going on for years, is over IBM’s manufacture and sales of microprocessor and application specific integrated circuit (ASIC) products. Mosaid claims that they are in violation of six United States patents that were granted for its dynamic random access memory (DRAM) circuit inventions.
"We are taking this action to protect our intellectual property because we have been unable to reach a reasonable settlement with IBM, despite many years of negotiation," said John Lindgren, Mosaid president and CEO in a company statement issued yesterday.
"MOSAID has licensed virtually 100% of the global commodity DRAM industry, including signing patent license agreements covering embedded DRAM products. The value of our patents is internationally recognized,” Lindgren added.