Work in Progress Textilhandels GmbH enters into Activemap patent portfolio license
Hamburg, Germany; Weil am Rhein, Germany; and London, UK:
Activemap Europe GmbH, its exclusive licensing partner, Vectis IP Ltd, and Work in Progress Textilhandels GmbH announced today that a license agreement for the Activemap patent portfolio has been concluded, ending all legal proceedings between Activemap Europe and Work in Progress Textilhandels GmbH in Germany.
"Activemap is delighted to welcome Work in Progress Textilhandels GmbH as a licensee to its interactive mapping patent portfolio", said Erika Jakubassa, CEO of Activemap Europe. Sandro Spina, Director of Licensing for Vectis IP, further added, "Given the complex subject matter, disputes are common in patent licensing but, as this case demonstrates, acceptable solutions for both patent owner and implementor can always be found”. Heinfried Schmidt-Jenne, Chief Financial Officer of Work in Progress Textilhandels GmbH commented, “As proud owner of a global brand license, Work in Progress Textilhandels GmbH understands and values intellectual property and a pragmatic approach to business has been fundamental to our success.”
Activemap Europe GmbH
Activemap Europe GmbH is the exclusive licensee in Europe for Activemap LLC (https://activemapllc.com/), a New York-based company led by the inventors of EP 2,336,970 and other patents comprising the Activemap patent portfolio. Activemap LLC was founded in the early 2000s when the invention team used members' diverse experience in interface development, programming, and media work to create a novel and improved interactive electronic map. The inventors filed their priority US patent application in 2001 and have been licensing their portfolio to companies in a wide range of industries.
Vectis IP Ltd
Vectis IP Ltd https://www.vectis.com/ is a UK-based IP and technology licensing company. Vectis IP supports a level playing field for IP owners and implementers and is dedicated to finding collaborative and balanced licensing solutions. With a global reach, its seasoned management team has led the formation and management of many patent pools and programs in Telecommunications and Consumer Electronics. More recently, Vectis IP has had success with a Wi-Fi program, licensing over 200 companies, and an antenna program, licensing over 50 smartphone companies. In addition to acting as Activemap's exclusive licensing partner, Vectis IP is currently working on multiple programs covering audio, video, and networking.
Work in Progress Textilhandels GmbH
Work in Progress Textilhandels GmbH is a family-run group of companies and started in the early 1990s as a licensee and European distributor for various textile products.
Since then, it has been developing its own collections based on workwear originals. Work in Progress Textilhandels GmbH aims to continuously develop without losing sight of its origins. Over the last two decades, the company has evolved organically, together with its customers, the culture surrounding the products and its employees, who have helped shape what Work in Progress Textilhandels GmbH is today.