Tyco Retail Solutions is the latest RFID solutions provider and the first of 2014 to enter into a patent license agreement with Round Rock Research for its RFID solutions. The announcement follows a slew of agreements that were signed during Q4 last year.
The agreement provides a worldwide license to Round Rock’s RFID patents that allows Tyco and its customers to continue to deploy innovative RFID solutions. The agreement with Round Rock is an important step in advancing these solutions globally.
Tyco Retail Solutions provides RFID-based inventory intelligence solutions, which feature Sensormatic RFID readers, antennas and tags, and TrueVUE software offerings.
“This agreement with Round Rock offers our retail customers a clear path to deploying our new RFID-based solutions, free of Round Rock patent assertions and without business interruption from potential litigation,” says Nancy Chisholm, vice president and general manager at Tyco Retail Solutions.
Round Rock filed lawsuits in January 2012 against a number of companies, including several of Tyco Retail Solutions’ retail customers, alleging their RFID solutions infringed Round Rock’s RFID patents. The litigation threatened to stall the adoption of RFID solutions in retail.
Tyco Retail Solutions’ resolution with Round Rock covers its complete RFID portfolio of products, providing a mechanism for customers to deploy RFID solutions free of the Round Rock patent assertions. The licensing arrangement with Round Rock is non-exclusive and royalty bearing, which allows other RFID reader and tag providers the prospect to achieve similar resolutions, thereby making a host of options available to customers. Additionally the license allows customers to use readers purchased from Tyco with tags that are purchased from Tyco or another licensed supplier.