Newegg “back on track” after beating patent troll at ITC
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Last month, troll-fighting online retailer Newegg suffered a stunning setback when it lost in court to TQP Development, a patent-holding company that claims to own the rights to basic Web encryption.
This week the company has said it's "back on track" after getting a total win against a patent troll called Technology Properties Ltd., or TPL, at the International Trade Commission (ITC). Newegg was part of a coalition of tech companies that refused to settle, including Canon, HP, Seiko Epson, Kingston, and a Taiwanese company called HiTi Digital. The original complaint was filed against 21 companies, most of which have settled, just recently including Acer.
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