VIZIO owns a substantial worldwide patent portfolio directed to digital television technology. The parties have not disclosed financial terms of the agreement under which Westinghouse has agreed to make royalty payments to VIZIO for sales of licensed products.
“We are pleased with the result of our patent licensing efforts. It further demonstrates the technical strength and value of VIZIO’s patent portfolio,” said Rob Brinkman, VIZIO’s chief administrative officer.
The signing of the QAM License with Westinghouse Digital, LLC also concludes actions brought by VIZIO.
“Having successfully resolved the disputes, we shall continue to aggressively protect our rights and actively expand VIZIO’s licensing program,” said Brinkman.