HALO Patent License Agreements
September 23rd, 2011
HALO Electronics, Inc. is pleased to announce that it has entered into license agreements with four magnetics companies relating to HALO's patented surface mount package technology. The licensed companies include BEL FUSE, INC., ELEC and ELTEK (USA) CORPORATION, WURTH ELECTRONICS MIDCOM INC. and XFMRS INC.
HALO has initiated lawsuits to stop the unauthorized use of its proprietary packages for surface mount magnetic components. During the pendency of one such suit, the U.S Patent and Trademark Office re-examined the HALO patents on this technology and confirmed their validity.
"We value the strength of our technology and our intellectual property portfolio," said Jeff Heaton, Vice President of HALO Electronics. "We are committed to protecting and enforcing our patent rights. While we prefer to resolve intellectual property matters without litigation, we are prepared to assert our rights in court as needed to protect our proprietary technologies."
HALO Electronics, Inc. is a leading global supplier of communication and low power management magnetics for the electronics industry.
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