Vizio Licenses Patents to Westinghouse
Vizio said this week that it has reached a cross-licensing agreement with Westinghouse Digital, under which Westinghouse will make royalty payments to Vizio for sales of licensed products.
The deal concludes legal actions between the two parties.
“We are pleased with the result of our patent licensing efforts. It further demonstrates the technical strength and value of VIZIO’s patent portfolio,” Rob Brinkman, Vizio's Chief Administrative Officer, said in a statement.