Company takes the occasion of litigant?s settlement payment to make public its firm stance against nuisance lawsuits from non-practicing entities

We don?t negotiate payment with patent trolls,? said Pierre Racz, President of Genetec as the company announced that a patent infringement lawsuit initiated by a non-practicing entity (NPE) was withdrawn by the NPE at an early stage of the proceedings.

In a rare result, the NPE paid an undisclosed sum to Genetec. In patent litigation in the United States, it is highly unusual for a plaintiff to pay a defendant to resolve a case.

Genetec understands that legal attacks from non-practicing entities are an unfortunate part of the technology business, representing a reported 90% of high-tech patent litigation cases in 2019 alone.

The practice, known as ?patent trolling?, involves groups that don?t create technology, but rather aggregate patents that are generally of no technological value to use as the basis to initiate IP infringement cases against businesses. Source: