Wireless Matrix USA Strikes Agreement with Acacia Subsidiary
The Telematics Corporation, a subsidiary of the Acacia Research Corporation, has announced a settlement of its patent litigation suit with Wireless Matrix USA.
The press release was reported in Tradershuddle.com in "Acacia Subsidiary Enters Into Settlement Agreement With Wireless Matrix USA, Inc." The suit was filed in U.S. District Court for the Northern District of Georgia. With Telematics entering into a licensing agreement with Geotab, Inc., the litigation was resolved.
The Telematics Corporation develops and licenses technology systems that display a vehicle's location and other information. Other limousine and fleet management companies aside from Geotab, Inc. use the system as well, which combines GPS technology to keep track of drivers and vehicles by indicating location, speed, and fuel consumption. According to www.geotab.com, the device also tracks engine issues, monitors driver behavior, provides for more efficient trip planning, and instantly records and gives notifications of accidents.
Acacia Research has subsidiaries, such as Telematics, that partners with patent owners and licenses them to corporate users while sharing the revenue.
Wireless Matrix, headquartered out of Herndon, Virginia, also provides GPS tracking systems and offers a web-based method of tracking fleet operations with vehicle-mounted wireless data communication services.
Geotab, Inc. and Wireless Matrix USA, Inc. were two of the 10 defendants in a suit filed by Telematics Corporation in November, 2010. Other defendants are Actsoft, Inc.; Fleetmatics USA, Inc.; Fleetilla, LLC; Intergis, LLC; Networkfleet, Inc.; Onstar LLC; Procon, Inc.; and Skypatrol, LLC.
Other details of the settlement were not disclosed.
Information in this post gathered in association with Atlanta injury attorneys.
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November 21st, 2011 - 02:23
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