Nintendo acquires patents of IA Labs.
Some of you may recall that back in 2010 a company known as IA Labs sued Nintendo over their game, Wii Fit. Their claim against the gaming giant was that the technology utilized in the Wii Fit peripheral infringed on their copyrights. A court of law disagreed, and in the end, the company was forced to pay Nintendo’s defense costs.
It appears that IA Labs was unable to pay the costs they were ordered to, and as a result, several of their patents went up for grabs. Nintendo capitalized on the chance and bought up several of the patents during the sales.
Richard Medway, vice president of Nintendo of America as well as the deputy general counsel stated, “Nintendo’s track record demonstrates that we vigorously defend patent lawsuits, like the IA Labs lawsuit, when we believe we have not infringed another party’s patent. This includes holding those who sue Nintendo responsible for the costs and expenses incurred in patent litigation. Nintendo has a long history of developing innovative products while respecting the intellectual property rights of others.”
Will they be facing patent lawsuits in 2014?