Wireless Communication Technologies Provider u-blox Moves Court Venue Against InterDigital to Delaware
Portfolio Pulse from Benzinga Newsdesk
u-blox, a global provider of positioning and wireless communication technologies, has decided to pursue a FRAND license lawsuit against InterDigital in the Delaware Court of Chancery, dismissing the case in the Southern District of California. The Delaware court is chosen for its efficiency and faster case schedules.
October 27, 2023 | 8:26 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
InterDigital is facing a FRAND license lawsuit from u-blox, which has been moved to the Delaware Court of Chancery. This could potentially impact the company's legal expenses and reputation.
The move of the lawsuit to the Delaware Court of Chancery could potentially speed up the resolution process. This could lead to an increase in legal expenses for InterDigital in the short term. Additionally, the outcome of the lawsuit could impact the company's reputation, which may affect its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100