Innovative Eyewear Announce License Agreement And Settlement Covering Multiple IngenioSpec Smart Eyewear Patents
Portfolio Pulse from Benzinga Newsdesk
Innovative Eyewear has entered into a license agreement and reached a settlement regarding several IngenioSpec smart eyewear patents. This agreement resolves previous disputes and grants Innovative Eyewear access to important smart eyewear technology.
January 05, 2024 | 3:06 pm
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Innovative Eyewear, which may be associated with the ticker LUCY, has licensed IngenioSpec patents, potentially enhancing its product offerings and market position.
The license agreement and settlement with IngenioSpec allow Innovative Eyewear to utilize patented smart eyewear technology, which could lead to the development of new products or improvements in existing ones. This could positively impact the company's competitive edge and be viewed favorably by investors, potentially leading to a short-term increase in stock price.
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