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Platt Retail Institute

USA: Captivate Network and Office Media Network Settle Litigation

29 January 2010 10 h 15 min

CaptivatedeCaptivate Network, a division of Gannett Satellite Information Network, and Office Media Network have entered into a comprehensive settlement agreement to resolve litigation pending between the companies involving certain of Captivate Network’s patents and Office Media Network’s elevator display system.

In exchange for a cash settlement and ongoing royalty payments, Captivate Network has granted Office Media Network a limited license to use technology covered by the patents-in-suit. Under that limited license, Office Media Network may, at the option of building owners, continue to service its existing elevator installations through the end of their contracts, but will not pursue or install any new elevator sites.

Other terms of the settlement are confidential.

Captivate Network and Office Media Network provide communication services for 967 and 775 North America’s office buildings respectively.

Categories : Ad-network, Building, Canada, United States

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