Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
This isn’t a good week for S3 Graphics. After S3 had its patent dispute against Apple dismissed by the U.S. International Trade Commission earlier this week, the company’s suitor HTC is now having second thoughts about its union.
HTC said that it will “reevaluate” the $300 million S3 purchase, Bloomberg reports — a move that makes clear what the Taiwanese phone maker’s main interest in the company was, and shows just how quickly fortunes can shift in the dirty business of patent litigation.
S3 won a patent ruling against Apple back in July, which centered on the use of image compression technology in Mac OSX. Shortly after that, HTC, which itself is in the midst of patent battles with Apple, announced its intention to purchase the company. But on Monday, the ITC reversed S3’s July ruling and dismissed the case, which means HTC can no longer be certain about the superiority of S3’s patents over Apple.
S3 could still appeal the decision, and it also has another ITC case against Apple in the works, but right now it’s clearly not a very appealing purchase for HTC.
Via The Verge
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results