Wi-LAN’s (TSX:WIN) freshly launched Gladios IP, a division of the Ottawa-based patent player that works with other companies to try and unlock the value of their patents, launched its first lawsuit today.
Wi-LAN and 01 Communique (TSX:ONE) announced they have commenced litigation in the U.S. District Court for the Eastern District of Virginia against Bomgar Corporation for patent infringement of its remote access technology.
Misssissipi-based Bomgar Corp was founded in 2002 by Joel Bomgar, who was working as a field network engineer for a Jackson, Mississippi-based systems integrator in 2002 to help pay his college tuition. Tired of the “non-billable drive time in the air condition-less LeSabre” says the company’s website, Bomgar developed the first version of his “remote support software as a way to provide remote technical support to disparate users without leaving his desk.” Today, the company has more than six-thousand clients.
This story is brought to you Zecotek Photonics (TSXV:ZMS). As of November 16, 2011, Zecotek owned title to or controlled more than 55 patents and applications. Click here to learn more.
Mississagua’s 01 Communique, led by CEO Andrew Cheung, has been around since 1992, when it released a a fax program called 01 Fax. The company began developing remote access software in the late 1990’s, and filed for patents related to this technologies in 2000. 01 Communique was subsequently granted two patents in August, 2005.
01 Communique, which had gone public in 2000, grabbed the attention of the public markets in 2010 was declared the victor in a four year old patent litigation suit against giant Citrix Systems. Shares of 01 raced to a high of $2.26 in February of 2011 year before a setback in April; a judge ruled that the Mississauga company’s case against LogMeIn (NASDAQ:LOGM) would not go to trial. On April 1st, shares of 01 Communique closed down nearly 78%, to $0.40.
Wi-LAN, of course is no stranger to patent infringement claims, having launched actions against dozens of multinationals, including Apple, Hewlett-Packard, Intel, Sony and Toshiba.
Shares of 01 Communique closed today up 9% to $.60