Many consumers will be familiar with Ring.
The connected smart home doorbell product that attempted to win a sizeable investment when it debuted on Shark Tank a few years ago, since exploded on the scene with backing from multiple other investors.
Few perhaps fail to understand that the technology is based on patents belonging to another company.
Skybell claim to own 71 patents related to the very technology that Ring have allegedly copied and use in their range of products, severely curbing and hurting the ability of Skybell to be competitive in the market. The suit relates specifically to 3 patents that Ring are alleged to have copied, as a result of collaboration between managers of both companies during the initial research and development.
The start-up industry is indeed a murky environment, inhabited by many jealous players and sinister types who will do almost anything to beat out a competitor, but outright theft of intellectual property is a really dastardly thing to do.
We will be watching this story with interest as it unfolds.
(source...)
No comments:
Post a Comment
Locks210 encourages public discussion on articles of interest. Please feel free to post your opinion.
Posts are subject to moderation.