|The Isle of Man based Microgaming.com which positions itself as a 'Digital gaming systems' company has concluded a patent license agreement with Menashe Business Mercantile Limited and Dr. Julian Menashe. |
According to the terms of the licence Microgaming, its associates and licensees can use the technology, covered by Dr. Menashe's interactive, computerized gaming patents, which is used in many online casinos.
Dr.Menashe said that an amicable settlement was reached between his firm and Microgaming.
'In a young industry like online gaming, it is inevitable that patent and other intellectual property claims are going to be made. Mostly these claims are either misplaced or simply spurious but, in the case of the Menashe suite of patents, Microgaming is pleased to announce that it has negotiated a licence', says Roger Raatgever, the CEO of Microgaming.
The 9-year old, Microgaming supplies online gaming solutions, besides developing software and management systems for online gaming enterprises.