maria luz calibo
Aug 11, 2011

General Patent Corporation Reaches Settlement in Patent Infringement Lawsuit with Mustek, Inc.

General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its subsidiary, Advanced Video Technologies LLC (AVT), that it settled a patent infringement lawsuit with Mustek, Inc. of Tustin, Calif. As part of the settlement, Mustek took a non-exclusive license under the patent-in-suit at the AVT’s standard royalty rate of $0.25 per unit, and is paying for past acts of infringement of the patent.