Numerous people use TiVo to record their favorite shows so they can watch them later. The DVR pioneer patents the technology used to achieve this. When the company discovered that Samsung was using some of its patents to create its DVRs approximately a year ago, it filed patent law claims against Samsung here in Texas.
Samsung used the four patents in question to create mobile, set-top box and consumer electronics products. Instead of taking the case to trial, TiVo and Samsung hammered out a settlement that they believe serve both parties' interests. The company believes that making prudent business deals is preferable to protracted litigation that may or may not result in a satisfactory outcome. TiVo gave Samsung an intellectual property license that was described as being broad.
At the same time, TiVo renewed the license that it provides to Dish Network for the same technology. The CEO of TiVo says that these agreements illustrate that the company's patented technology remains relevant and vital to the industry. The shares of the publicly traded company increased nearly 5 percent after the announcement of the deal with Samsung became public.
Even if a Texas company is not large or publicly traded, it could benefit from ensuring that its rights under patent law are protected. Once a patent law is received, its owner will need to remain vigilant in order to ensure that no one is using it without permission or without paying royalties. If it is discovered that another party is using patented material under these circumstances, it would be beneficial to consult with an attorney in order to explore all of the legal options available.
Source: deadline.com, "TiVo Settles DVR Patent Infringement Suit Against Samsung", David Lieberman, Nov. 3, 2016