A U.S. District Court judge has determined thtat Sony did not infringe on Genuine Enabling Technology’s patented tech with its PlayStation gaming consoles and controllers, Gamesindustry.biz’s James Batchelor reports. The company first filed a complaint against the PlayStation maker in 2017, seeking $500M in damages as it claimed the consoles infringed on its ‘730 Patent, the author notes. The judge agreed with Sony’s argument that GET had “failed to raise a dispute of fact” and granted Sony’s request for a summary judgement of non-infringement, the author says, noting that the case has been declared closed.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SONY:
- U.S. video game consumer spending rose 2% y/y in February, says Circana
- Box Office Battle: âGhostbusters: Frozen Empireâ wins weekend with $45M debut
- Meta, Microsoft object to Apple’s new app store policies, WSJ reports
- SONY, MU, TSM: 3 Overlooked “Strong Buy” Tech Stocks
- SONOS (NASDAQ:SONO): Playing Potentially Sweet Music for Value Investors