Kaiser-Silverbrook Lawsuit Settled, Memjet to get Silverbrook IP Portfolio
The contentious legal proceedings involving the George K. Kaiser Family Foundation’s lawsuit against Silverbrook Research co-founder and world’s most prolific patent holder Kia Silverbrook and his partner have come to an end, with all litigation in the U.K., Ireland, and United States (Oklahoma) settled under a new agreement. A representative for Silverbrook confirmed to us that the George K. Kaiser Family Foundation has also dropped its lawsuit against Silverbrook.
Under the agreement, Memjet will assume direct ownership and control of the Memjet intellectual property portfolio. as well as all research, development and commercialization for Memjet technology, including services previously provided to Memjet by Australia-based Silverbrook Research. Kia Silverbrook will serve as a special advisor and consultant to the Memjet Board of Directors.
In a prepared statement, Kia Silverbrook said, “I am pleased that agreement has been reached which clears the way for the ongoing development of the ground-breaking Memjet technology.” Approximately (300) scientists and engineers employed by Silverbrook Research will now be offered employment by Memjet, and Silverbrook and his research team will now turn their attention to developing the other technologies they have invented over the last 12 years.
Memjet President and CEO Len Lauer expressed relief that the agreement had been reached, “We’re pleased that this agreement has been reached. With all litigation now resolved between the parties, Memjet is positioned to move forward and focus on bringing its disruptive technology to commercial, industrial and office printing markets worldwide.”
The Memjet Companies were created by Silverbrook Research to commercialize the patented high-speed page-width full-color ink-jet printing technology developed by Kia Silverbrook. Memjet is currently exhibiting at the drupa tradeshow for the printing industry being held in Germany, where it announced the next-generation of its Memjet printers for the office, the EvoJet Office, being sold by partner Lomond, and a new office MFP, the EvoJet Office Pro310. It also announced new OEM partnerships with Canon’s Oce group and Toshiba TEC.
In court documents, Kia Silverbrook had originally charged that the George K. Kaiser Family Foundation’s lawsuit against him and his partner charging fraud had been an attempt to wrest away his and Silverbrook Research’s patent and intellectual patent portfolio.
For all parties concerned, however, it appears that this is the end of a costly conflict, in terms of both money and unfavorable news headlines, that couldn’t have happened at a worst time for Memjet – during its exhibit at drupa, and with the announcement of key OEM partnerships with Canon’s Oce and Toshiba, the latter of which may pave the way for bringing Memjet’s 60-ppm office printing technology into the BTA and office channels, and open new doors for Memjet