Memorylink Sues Motorola, Alleging Stolen Technology
Wisconsin-based Memorylink has filed a lawsuit against Motorola, alleging fraud and stolen technology.
"Memorylink Corp. is seeking to regain ownership of an invention and to be awarded profits that the Schaumburg-based company has generated from the contested technology," writes the Chicago Tribune's Wailin Wong. "motorola, 'through a scheme of lies, broken promises of a future working relationship, and outright deceit,' stole technology for real-time wireless video transmission used in electronics such as cell phones and security cameras, Memorylink said."
"Memorylink says it showed the technology to Motorola a decade ago, and the Schaumburg-based company offered to help MemoryLink patent the technology," writes Crain's John Pletz. "But Motorola pursued the patent as Memorylink's partner, not as a customer, which means Motorola has been able to use the technology in its own products without paying royalties."
More here from WirelessWeek … more here from the Daily Herald … more here from Stockhouse … more here from TelecomTiger … and the press release is here.