Eon Corp. (EONC), an Austin-based company specializing in wireless telemetry technology, including the likes of advanced meter reading, announced it has settled all lawsuits involved with Raleigh, N.C.-based Sensus USA Inc., a global provider of FlexNet-branded, tower-based, smart grid communications networks and water, gas and electric utility meters. The original lawsuit was filed by Eon at the U.S. District Court for the Eastern District of Texas in Tyler on Oct. 9, 2009, and alleged that Sensus infringed on Eon’s patents directed at base stations for processing communications from portable, low-power subscriber units.
Sensus ended the litigation by agreeing to license Eon’s legacy patent portfolio, which was invented by Eon engineer Gil Dinkins. Financial details of the settlement were not disclosed.
Alfonso Barragan, chairman of Eon, stated that the company’s journey in wireless communications technology started when the Federal Communications Commision allocated spectrum for Eon’s applications and has since led to an industry-wide surge in wireless technologies.
“The settlement and license to Sensus vindicates our investment and nearly two-decade commitment to the technology,” said Barragan in a statement. “We could never have anticipated the speed with which the industry would catch up with us over the past several years, and certainly we did not anticipate the rapid adoption of our technologies as we continue to see. We are extremely pleased with the license terms and with our new licensee, Sensus, and we hope for a long and mutually beneficial relationship with them.”
Eon was originally founded in 1986 under the name TV Answer, and holds more than three dozen patents relating to how interactive video and data transmits over fixed and mobile wireless networks. The company said it has invested millions in research-and-development costs to develop new technology and continues to license existing patents to businesses that use wireless telemetry, mobile network communications and digital video.
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