Wednesday, October 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ZOTAC Injects Palm-Sized ZBOX nano XS with Double Dose of Performance
Corsair Releases The Flash Voyager Vega Flash Drive
Mozilla Unveils Firefox-powered Matchstick Streaming Adapter
New ARM Solutions Reduce Time to Market for FinFET Designs
LG 34-inch Curved Monitor Now Available
Comcast Offers Cloud TV In San Franscisco
AMD Demonstrates Network Function Virtualization Solution on 64-Bit Embedded R-Series SoC
Apple To Release New "Gold" iPad Air: report
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > Digital Cameras > Ampex L...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 22, 2005
Ampex Licenses Digital Still Camera Patents To Olympus


Ampex announced that it has concluded a license agreement with Olympus.

The agreement permits the use of United States and foreign patents held by Ampex in the manufacture and sale of digital still cameras. The license provides that its terms are confidential.

Pursuant to the license, Ampex will receive a negotiated payment of approximately $3.0 million to settle liability for past use of its patents prior to the effective date of the agreement. Olympus will also pay to Ampex quarterly running royalties in the future based on the sales value of digital still cameras that utilize its patents.

Royalties received from Olympus will not include digital still cameras manufactured by other companies that are licensed under Ampex's patents. Ampex believes that a significant portion of cameras sold under the Olympus brand are manufactured by a company that is also a licensee of Ampex's patents and anticipates that royalties on these products will be paid by the supplier and not by Olympus.

Ampex continues to negotiate patent licenses with additional manufacturers of digital still cameras and camera-equipped cellular telephones and currently expects that it will conclude additional agreements within the next 90 days.

In addition to Olympus, Ampex has recently licensed its patents for use in digital still cameras, camera-equipped cellular telephones, and certain other digital consumer products to Canon Inc., Sanyo Electric Co., Ltd.., Sony Corporation, Matsushita Electric Industrial Co. Ltd., Japan Victor Company and Pentax Corporation.

In October 2004, Ampex initiated litigation against Eastman Kodak Company (NYSE:EK) in the International Trade Commission and in the Federal District Court of the District of Delaware for Kodak's unauthorized use of an Ampex patent in the sale of digital still cameras. Thia litigation is continuing.

The Company may initiate additional litigation to enforce its patents if it is not able to conclude licenses on acceptable terms.

Ampex Corporation, www.ampex.com, headquartered in Redwood City, California, is one of the world's leading innovators and licensors of technologies for the visual information age.


Previous
Next
Kingston Partners with U3 to Make Smart USB Flash Drives        All News        Verbatim to Use U3 Platform to Make New Type of USB Flash Drive
Pentax to Introduce 18-Mpixel SLR In 2006     Digital Cameras News      Taiwanese DSC makers optimistic about exports to Europe

Get RSS feed Easy Print E-Mail this Message

Related News
New Olympus STYLUS SH-1 Camera Comes With Optical 5-axis Image Stabilization
Olympus To Focus on Mirrorless Cameras
Olympus, Sony Delay Establishment Of Medical Business Venture Company
Olympus Unveils The Stylus XZ-10 Camera
Sony To Strengthen Its Medical Business With Olympus Tie-up
Olympus Develops Wearable Display Glasses
Panasonic To Increase Stake In Olympus: report
Olympus Releases PEN E-P3, PEN Lite E-PL3 And PEN mini E-PM1 Digital Cameras
New Digital Cameras By Olympus
OLYMPUS PEN Lite E-PL2 Launched
Six Packages for the Olympus E-330
Panasonic, Olympus and Sony Cameras

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .