Friday, January 06, 2006

Apple Bursts A Dot Com Bubble

From a press release on BURST.COM

Burst.com’s Patent Licensing Negotiations With Apple Computer, Inc. Lead to Declaratory Judgment Action Against Burst

SAN FRANCISCO, Calif., (January 5, 2006) – Burst.com, Inc. (OTC.BB: BRST), an innovator and provider of media delivery technology, was sued in U.S. District Court in San Francisco yesterday by Apple Computer for declaratory relief, alleging patent invalidity or non-infringement. The suit follows a break-down in protracted negotiations for issuance of a license of Burst’s patents to cover Apple’s iPod and iTunes products.


Haven't heard too much about this ... I think this is Apple being proactive in a lawsuit concerning streaming video content to iPod and iTunes. From what I gather, Apple wanted to use Burst technology for a future content offering and it looks like negotiations (maybe a buyout) failed. Apple is now just seeking to have BURST's patents invalidated.

This lawsuit will be added to the Your Rights, The Law, & Litigation Reference Section here at FYT.

No comments: