Sunday, March 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 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
Olympus OM-D E-M5 Mark II Offers 40-Megapixel Shots
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .