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Nintendo Buys IA Labs Patent Portfolio

By TechTaffy Desk

nintendo

Nintendo obtained the entire patent portfolio of IA Labs during a sheriff’s sale in Montgomery County, Maryland.

IA Labs sued Nintendo for patent infringement in April 2010. Nintendo defended the lawsuit and obtained judgment in its favor in February 2012. The trial court also awarded Nintendo some of the costs and fees it incurred defending the case.

IA Labs appealed the trial court’s ruling. The appeals court confirmed Nintendo’s win in June 2013. IA Labs was further ordered to pay Nintendo additional costs incurred in defending the appeal. IA Labs did not pay the amount due, so a sheriff’s sale was conducted to sell IA Labs’ remaining assets, including its patent portfolio.

[Image courtesy: Nintendo]

 

 

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