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IGT and Aristocrat Sign Cross-Licensing Agreement
Manufacturers and providers of gaming devices for the land-based gambling industry IGT PLC and Aristocrat Leisure Ltd. today announced they have reached a cross-licensing agreement dedicated to intellectual property regarding australia no more casino games online pokies online pokies game features and system patents. The involved parties did maybe not disclose information on their agreement.
In addition to this, it would appear that they will have agreed to resolve litigation that is outstanding them. IGT and Aristocrat have been involved in a court battle that was focused across the legitimacy of certain slot machine game patents. Last spring, IGT filed a court problem arguing that devices manufactured by Aristocrat infringed ten of its patents. On the other hand, Aristocrat challenged four IGT patents. The latter responded by pointing away that the creator associated with four controversial patents, Joseph Kamnikow, had worked for IGT and had assigned them to its boss at that time.
Mr. Kamnikow joined up with Aristocrat in 2013 and took part in the development of the slot that is contentious. It is actually essential to notice that top 5 online pokies australia the two organizations have discovered on their own in court various other times, each arguing that one other has taken some ideas and principles from them.
Commenting on the latest agreement reached, IGT CEO North America Gaming and Interactive Renato Ascoli stated that along with his company’s research and development investment and patent portfolio being among the biggest on the market, they have been all satisfied with that turn of occasions. (više…)