CUPERTINO, California – March 13, 2012 – Alliacense today announced that VOXX International Corporation (formerly Audiovox Corporation) has purchased a license to the CORE Flash™ Portfolio from The TPL Group. The agreement resolves the ITC investigation and patent infringement lawsuit initiated by The TPL Group against Audiovox.
Voxx is a leading international distributor in the accessory, mobile and consumer electronics industries. This agreement makes Voxx International the 31st company to purchase a CORE Flash Portfolio license, joining a growing roster of global market leaders including Lenovo, Asustek, Belkin, Lexmark and Philips.
In October 2011, TPL filed complaints against Audiovox Corporation and 18 other companies for infringement of The TPL Group’s CORE Flash Patent Portfolio. More than 40% of those companies have since purchased licenses to resolve the matter.
About the CORE Flash Portfolio
The CORE Flash Portfolio contains intellectual property that was developed and productized by The TPL Group’s OnSpec Division. The portfolio includes 32 U.S. and international patents and 9 patent applications. CORE Flash Portfolio innovations protect key aspects of flash memory management and control, including software, firmware, hardware, and mechanical designs.
About Alliacense
Alliacense is a recognized leader in the design and execution of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development/management executives, Alliacense focuses on expanding the awareness and value of IP portfolios under management. For more information, visit www.alliacense.com.
Alliacense and CORE Flash are trademarks of The TPL Group.
All other trademarks belong to their respective owners.