Apple’s settlement offer rejected by Proview

Apple offered to settle a trademark dispute with Proview, but the offer was rejected for being too low

Apple logo colourful

Apple has reportedly offered Proview Technology $16 million (R128.72 million) to settle an ongoing legal dispute between the two companies over the use of the iPad name. However, the offer was rejected for being too low.

Proview is instead seeking damages to the tune of $400 million (R3.22 billion), which it will use to appease creditors that have helped keep the cash-strapped company afloat during a difficult financial time.

Proview originally planned to sue Apple in the United States for $2 billion (R16.09 billion), but a Californian judge rejected the lawsuit, and encouraged the companies to reach a settlement.

Apple claims it licensed the trademark from Proview in 2009; however, the Chinese company claims the transaction was invalid due to a number of circumstances.

Read the full story at: Boy Genius Report.

Share your thoughts

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

If you could only choose one form of entertainment, which would it be?

View Results

Loading ... Loading ...

More News

What your South African ID number reveals about you

RSA ID Book

This is what your South African identification number means.

I played No Man’s Sky and it filled me with awe

No Mans Sky

Setting aside the controversy swirling around No Man’s Sky for a few hours, I sat down to experience the game for what it was.

Video games at the Olympics

PC gaming

Japanese Prime Minister Shinzo Abe’s appearance as Super Mario in the closing ceremony of the Rio 2016 Olympic Games delighted audiences around the world.

Top 30 TV shows on DStv

DStv logo

The Broadcast Research Council of South Africa recently released the top 30 TV programmes on DStv for July.

Free MyBroadband Newsletter
×