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Intellectual Ventures accuses Canon and Ricoh of patent infringement

March 27, 2013

intellectual venturesPatent and technology firm sues OEMs after accusing them of infringing on printer technology patents.

CNET reports that Intellectual Ventures filed two complaints to the US District Court of Delaware accusing Canon of infringing nine of its printer technology patents and Ricoh of infringing seven of its patents, both covering various printing products.

Intellectual Ventures allegedly said that it approached both OEMs “to negotiate licensing deals”, but the move was unsuccessful, with Melissa Finocchio, Chief Litigation Counsel for Intellectual Ventures, commenting: “When sophisticated companies turn a blind eye to infringement, we are forced to take action to safeguard the value of our patents and to protect the interests of our investors and customers […] Infringers need to pay for the inventions they are using.”

According to the article, Intellectual Ventures, which was founded by former Microsoft executive Nathan Myhrvold, has previously filed a complaint against Canon regarding a group of imaging patents in 2011; and has recently filed a series of lawsuits against a number of other large technology companies for infringing its patents, including Toshiba and Symantec.

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