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February 7, 2012 09:34 pm GMT
Honeywell filed a multi-patent infringement lawsuit against Nest Labs and Best Buy yesterday. The suit alleges that Nest Labs is infringing on seven Honeywell patents. Honeywell is not seeking licensing fees. The consumer electronic conglomerate wants Nest Labs to cease using the technology and is actually looking to collect damages caused by the infringement. Damages? Bullshit. This is about killing the competition.This lawsuit hit Silicon Valley and the tech world hard when it broke Monday morning. Nest Labs is the Valley's star child right now. The company, founded by the godfather of the iPod, started in a Palo Alto garage just over two years ago and successfully disrupted a stale industry so hard that it seems to have resulted in a major lawsuit. The company won a Best of Innovations Award at CES 2012 and, just last week, a Crunchie for Best New Device. People love Nest. And now most of those same people hate Honeywell.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jn-2zaMP-GM/
Honeywell vs Nest: When The Establishment Sues Silicon Valley
Honeywell filed a multi-patent infringement lawsuit against Nest Labs and Best Buy yesterday. The suit alleges that Nest Labs is infringing on seven Honeywell patents. Honeywell is not seeking licensing fees. The consumer electronic conglomerate wants Nest Labs to cease using the technology and is actually looking to collect damages caused by the infringement. Damages? Bullshit. This is about killing the competition.This lawsuit hit Silicon Valley and the tech world hard when it broke Monday morning. Nest Labs is the Valley's star child right now. The company, founded by the godfather of the iPod, started in a Palo Alto garage just over two years ago and successfully disrupted a stale industry so hard that it seems to have resulted in a major lawsuit. The company won a Best of Innovations Award at CES 2012 and, just last week, a Crunchie for Best New Device. People love Nest. And now most of those same people hate Honeywell.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jn-2zaMP-GM/
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