Emblaze Says Court Rules Apple Has Not Infringed On Its Patent
(Alliance News Via Acquire Media NewsEdge) LONDON (Alliance News) - Emblaze Ltd said Monday that a jury has ruled that Apple Inc has not infringed on its patent, although it did find that the patent was valid.
The company said it was considering the verdict and will provide updates on further developments as appropriate. Emblaze had filed a suit for patent infringement against Apple claiming its HTTP Live Streaming Technology infringed on its patent.
Last Tuesday the company had said that an expert it had engaged had estimated the value of its claim against Apple to be worth around GBP511 million.
Shares in Emblaze remain suspended.
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