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ObjectVideo, Bosch Security Settle Patent Dispute

Companies negotiate a portfolio-wide patent license agreement

Video software company ObjectVideo has reached a settlement with Bosch Security Systems Inc. of Fairport, N.Y., that includes a global, portfolio-wide patent license agreement thereby ending patent infringement litigation.

In addition to quashing the patent litigation—which was filed in the U.S. District Court Eastern District of Virginia—ObjectVideo and Bosch have also asked the United States International Trade Commission to terminate its proceedings related to the matter.

“The agreement amicably settles the matter and allows us to focus our full attention on our customers,” said Christopher Gerace, Bosch’s president.

Bosch is among the latest company to join ObjectVideo’s patent licensing program, other licensees include Sony Corporation, Pelco by Schneider Electric, Tyco Security Products’ American Dynamics business unit and VIVOTEK.