Tuesday, May 6, 2014

VIZIO, CyberFone Settle Patent Case

Irvine-based flat panel HDTV and electronics provider VIZIO has settled a patent infringement suit with CyberFone Systems LLC, the two said this morning, with a charitable donation. According to the two, CyberFone has dismissed its patent infringement claims against VIZIO, and will not assert those patents against VIZIO. In exchange, VIZIO is donating $15,000 to the Mattel Children's Hospital UCLA. The two did not say why they decided to settle the patent case.

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