NextWindow buy was motivated by IP dispute

Lawsuit over patents sparked acquisition, Smart Technologies says

A factor not disclosed in Canadian touchscreen firm Smart Technologies’ media release this week announcing the acquisition of New Zealand counterpart NextWindow was that the buy was the culmination of a long-running legal dispute between the two firms about patents.

The announcement, made on April 25, makes reference to the fact that the buy “combines the two companies’ patent portfolios”, but doesn’t directly address the lawsuit, filed a year ago.

The details of the suit can be found at various websites, including at Business Standard.

Smart Technologies chief executive Nancy Knowlton told Canada’s Financial Post that the decision to acquire NextWindow arose from the patent dispute, but declined to comment further.

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