Konami Gaming and Cadillac Jack have reached a settlement agreement resolving pending infringement litigation to enforce certain Konami’s Action Stacked Symbols patents against various Cadillac Jack products.
Cadillac Jack was cooperative after receiving notice that the litigation was filed and the two companies embarked on a process of information sharing to determine whether, and to what extent, Cadillac Jack’s products utilised technologies that touched on Konami’s patents.
Steve Sutherland, Chief Operating Officer and Executive Vice President at Konami, said: “We routinely enforce our rights against anyone we believe is infringing our Intellectual Property. In particular, Action Stacked Symbols represent a key piece of Konami’s IP portfolio.”
Mauro Franic, Cadillac Jack’s Chief Operating Officer, said: “At Cadillac Jack, we pride ourselves on our innovative technologies and unique content. When we heard of Konami’s concerns, we were eager to collaborate with Konami to further differentiate our technologies from Konami’s patents. We appreciate their professionalism throughout the process.”
Mr. Sutherland added: “We were able to reach a mutual and amicable settlement agreement without the need to prolong the lawsuit. Both parties were happy to avoid unnecessary legal fees from protracted litigation.”