IAM: Microsoft invites TomTom to reveal settlement terms after OIN chief's claims
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Started by: zoobabzoobab
Date: 06 May 2009 13:19
Number of posts: 1
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Summary:
Microsoft has denied that its recent dust-up with TomTom over nine patents relating to car navigation technology ended when the Dutch company agreed a financial settlement of less than $500,000. The claim was made by Keith Bergelt, CEO of the Open Invention Network during a presentation he was giving at the European Patent Forum in Prague. At the time the settlement was announced, the amount involved was kept confidential. However, in response to Bergelt's assertion, Microsoft IP chief Horacio Gutierrez said his company has no objection to revealing the terms if TomTom is happy to do so.
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