Cree, Inc. of Durham, North Carolina USA, reported that it has reached a confidential settlement in its patent infringement lawsuit with Kingbright, Inc. Just last week Cree settled a patent dispute with Harvatek that stems from the same patent lawsuit.(Ref: article). In September 2014, Cree filed a patent lawsuit against both Harvatek and Kingbright in the United States District Court for the Western District of Wisconsin which alleged infringement of U.S. patents 6,600,175, 7,943,945, 8,659,034, 7,910,938, 8,766,298, and 8,362,605.
Like Harvatek last week, Kingbright and Cree have agreed to a royalty-bearing, worldwide license to the Cree patents-in-suit. A licensing agreement ends the lawsuit between Cree and Kingbright as it did between Cree and Harvatek.
“Cree is committed to protecting the investment of our current licensees, shareholders and customers by defending our rights in court when necessary and by licensing our patents when appropriate,” stated Brad Kohn, vice president legal and general counsel for Cree. “With this settlement and license agreement, Cree has once again obtained value for our extensive IP portfolio.”
Where the license agreements were publicly announced, Cree licensees are listed on http://www.cree.com/About-Cree/Licensing/Licensees.
