Patent holders IP Bridge, Orange, Siemens and Xiaomi, a leading global manufacturer of consumer electronics and smart devices, have announced an end to their long-running dispute over the transfer of innovative patent rights. This will allow the transfer of licenses for a number of inventions to Xiaomi. The agreement was brokered by Novus IP, owned by Paul Lin, Xiaomi's former head of IP strategy, who has been highly effective in assisting Xiaomi and the other three licensees in the transfer of the licences.
"We are looking at other licensing methods and bilateral models in addition to the traditional patenting process to avoid long drawn-out disputes and focus solely on innovation," said Ran Xu, Xiaomi Group General Manager of Global Business Development and IP Strategy. "Thanks to this unique agreement, Xiaomi customers will be able to enjoy the benefits of the three companies' inventions without any disruption."
As a leading technology company, Siemens is focused on innovations that can be used in everyday life. "It is very important to us that innovations are protected by patents. We therefore welcome this agreement, which offers an acceptable solution for all parties involved and avoids litigation. We appreciate the solution-oriented approach of all parties to the agreement," said Dr Rudolf Freytag, Head of Licensing and Technology Development.
The licensing agreement with Xiaomi is also a recognition of Orange's strong innovation that will effectively drive digital transformation. This will be further strengthened by its contribution to open source standards, which will make more important global innovations available to consumers. "We were delighted to work with Siemens, IP Bridge and Novus during the negotiations, which resulted in an acceptable outcome for all parties," said Lyse Brillouet, Orange's Head of Intellectual Property and Licensing.
IP Bridge focuses on promoting technological innovation and collaboration
worldwide. Among such collaborations, Xiaomi's
are granted patent licences. "Thanks to Novus, we have been able to achieve a definitive
formalising the agreement with Xiaomi. We appreciate the process
the sincere desire for cooperation expressed by Orange and Siemens" -
stressed Daisuke Honda, Managing Director of IP Bridge, responsible for licensing
head of business department.
