STOCK TITAN

Munich Court Rules Netflix Is Infringing Broadcom Video Patent; Imposes Injunction

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary
Broadcom wins patent infringement case against Netflix in Germany
Positive
  • Broadcom's patent infringement case against Netflix in Germany has been ruled in favor of Broadcom. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany. This is a positive outcome for Broadcom's Intellectual Property and Licensing Division.
Negative
  • Netflix is prohibited from providing certain video streaming services utilizing Broadcom's patented technology in Germany, which may impact Netflix's operations and revenue in the region.

SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) announced today that the District Court of Munich, Germany, ruled that Netflix is infringing a Broadcom patent related to HEVC/H.265 video coding. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany.

Since 2018, Netflix and Broadcom have been engaged in a wide-ranging patent dispute whereby Broadcom has accused Netflix of infringing numerous U.S., German, and Dutch patents through its provision of its video streaming service. The European patent at issue in this ruling, EP 2 575 366 (“‘366 Patent”), covers key features of digital video processing often used in HEVC/H.265 video coding. The court, on September 19, 2023, ruled that Netflix is infringing the ‘366 Patent through its transmission of HEVC video, which Netflix employs to provide Ultra HD content to its users. The resulting court-ordered injunction prohibits Netflix from providing certain video streaming services utilizing Broadcom’s patented technology.

“Netflix has built a robust video streaming business that relies on Broadcom’s patented technology to deliver content to its users, and Broadcom is pleased to see this recognized by the German court,” said Mark Terrano, vice president and general manager of Broadcom’s Intellectual Property and Licensing Division.

About Broadcom
Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom’s category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cybersecurity software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://www.broadcom.com.

Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

Press Contact:
Khanh Lam
Corporate Communications
press.relations@broadcom.com
Telephone: +1 408 433 8649

 


Broadcom Inc.

NASDAQ:AVGO

AVGO Rankings

AVGO Latest News

AVGO Stock Data

1.15T
4.59B
2.04%
78.98%
1.42%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
PALO ALTO