Gemstar-TV Guide (GMST) and Digeo Announces Patent Licensing Agreement
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Gemstar-TV Guide (NASDAQ: GMST) and Digeo, Inc., maker of the Moxi DVR, have entered into a multi-year patent license agreement and settled their outstanding litigation by mutually dismissing claims.
In the agreement, Gemstar TV-Guide provides Digeo with a patent license to cover Digeo’s currently deployed program guides (IPGs), as well as IPGs that Digeo plans to deploy with service providers and for use on consumer electronic (CE) and personal computer (PC) platforms.
Financial terms were not disclosed.
Gemstar-TV Guide International, Inc. (Gemstar-TV Guide), incorporated on February 9, 2000, is a media, entertainment and technology company that develops, licenses, markets and distributes products and services targeted at the video guidance and entertainment needs of consumers worldwide.[SM]
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