Unwired Planet has sued Square in the US District Court of Nevada for violating its three patents associated with location-based services and mobile payments.
The complaint, which was filed by the company’s Nevada-based subsidiary, seeks to safeguard the Cloud & Services portion of Unwired’s intellectual property (IP) licensing business.
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Unwired Planet chairman, Phil Vachon, said: "Square generates substantial revenues from mobile payment technology that relies on the intellectual property that Unwired Planet developed and patented many years ago.
We are seeking reasonable compensation for continued use of this technology. While our first choice is to reach a licensing arrangement without litigation, we have determined that enforcement is necessary in this instance."
The first patent titled, ‘System and Method for Controlling Financial Transactions Over a Wireless Network,’ protects Unwired’s location-based financial transactions.
‘Subscriber Delivered Location-Based Services’ patent is for location-based merchant selection and transactions, while ‘Wireless User Based Notification System’ covers location-based mobile device notifications.
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By GlobalData
