Network-1 subsidiary files patent lawsuit against Optiver
Network-1 Technologies Inc. (NYSE: NTIP) announced that its subsidiary HFT Solutions LLC has filed patent litigation against Optiver US LLC and Optiver Trading US LLC in the United States District Court for the Western District of Texas.
The lawsuit alleges infringement of three U.S. patents related to high frequency trading technologies that utilize field-programmable gate array hardware, including clock domain management technology for transaction latency improvements in trading systems.
The patents are part of an 11-patent portfolio acquired by HFT Solutions in March 2022, with patent terms extending until 2040. The portfolio covers technologies used by firms engaged in high frequency trading activities where transaction timing differences are measured in nanoseconds.
Network-1 owns 115 U.S. patents and 17 international patents covering various technologies including eSIM authentication, high frequency trading, document stream operating systems, and smart home device interoperability. The company focuses on acquiring and licensing intellectual property.
The company reported that its Remote Power Patent has generated over $188 million in licensing revenue from May 2007 through June 2025, while its Mirror Worlds Patent Portfolio has generated $47.15 million in licensing revenue through June 2025.
HFT Solutions indicated the patent portfolio is available for licensing to firms using FPGA systems for low-latency high frequency trading in market making or proprietary trading activities.
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