Canon SED fraud case dismissed

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Peter @ May 7th 2007 5:48PM

Where do you get that Canon wants out? NanoP is just trying to extort more money.

Look back many years. NanoP has some patents for SED displays that need massive additional research before it could go to market. No one is too excited about it. Canon steps up to the plate buys license to that tech for the "bargain" of 5 million, Spends years and millions more on research/dev to make it viable. Just when it looks Viable, NanoP sics the lawyers to find some way to get rid of the agreement. Now that the tech is real, nanoP wants to renegotiate, figuring since Canon is in for millions now, and actually seems close to getting real product, now is the time to extort them for more money.

Canon should definitely get it's money back if NanoP is pulling the licences. It pure slime move by NanoP and nothing more.

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