0 Comments | Wireless News, Jul 29, 2010
Vlingo announced that it is entering into an agreement with Intellectual Ventures, gaining non-exclusive rights to Intellectual Ventures’ portfolio of patents through a license agreement.
In addition, Vlingo is also acquiring a number of patents to use for defensive purposes.
“As we were the first company in the world building systems for unconstrained speech recognition in the mobile space, we are very happy with both the breadth and priority dates for our pending patent portfolio,” said Dave Grannan, president & CEO of Vlingo. “With this announcement, we are greatly expanding our portfolio of granted patents by acquiring a significant number of patents from Intellectual Ventures for defensive uses.”
“Until recently, technology companies have had limited options when it came to gaining efficient access to the invention rights they need to maintain a competitive advantage in the marketplace,” said Joe Chernesky, Vice President and General Manager of the Hardware IP Business Unit and Director of Special Programs at Intellectual Ventures. “Vlingo understands the value of intellectual property and worked with Intellectual Ventures to protect their business from IP threats.”
Vlingo is a provider of intelligent voice applications that turn words into action enabling customers to simply speak to their phone to create and send a text or email message, search the web, update Facebook and Twitter statuses and more.
Intellectual Ventures is a provider of IP asset solutions and offerings.
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