from ParTec AG (isin : DE000A3E5A34)
EQS-Adhoc: ParTec AG: ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich
EQS-Ad-hoc: ParTec AG / Key word(s): Miscellaneous/Legal Matter
ParTec AG: ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich
28-Oct-2024 / 07:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich
Munich October 28th, 2024 –ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3) filed a patent infringement lawsuit against NVIDIA Corporation at the Unified Patent Court (UPC) in Munich on October 27, 2024, together with BF exaQC AG. BF exaQC AG is the exclusive licensee and licensing agent of ParTec AG for its patent portfolio. The patents in this suit concern the heart of every computer, the microprocessors used and their cooperation. ParTec, as well as its licensing agent BF exaQC AG, has an extensive patent portfolio in the field of supercomputing and microprocessors. The patents are based on the decades of development and construction of modern supercomputers at ParTec, especially for use in the field of artificial intelligence.
The lawsuit seeks an injunction requiring NVIDIA to refrain from distributing essential products of its GPU product portfolio in patent-protected countries in Europe. In addition, information about the sales activities carried out to date as well as damages is demanded, among other things.
End of Inside Information
Information and Explanation of the Issuer to this announcement:
Explanatory section
The European patents asserted before the UPC in Munich are also, in their US version, the basis of the patent infringement lawsuit in Texas, USA, which was brought against Microsoft by both companies a few months ago.
About ParTec AG
ParTec AG specializes in the development and manufacture of AI supercomputers based on its modular high-performance computing (HPC) systems and quantum computers (QC) as well as the associated system software ParaStation Modulo and QBridge. The company's range of services also includes consulting and support in all areas of the development, construction and operation of these modern systems. The concept of the dynamic Modular System Architecture (dMSA) is the result of more than ten years of research and was developed by ParTec as a novel system design for massively parallel high-performance computing systems together with Jülich Research Center. The dMSA and the underlying ParaStation Modulo software suite from ParTec have proven especially successful for the complex requirements of massive computing power in artificial intelligence.
ParTec AG
Contact:
press@par-tec.com
Tel.: +49 151 70 627011
www.par-tec.com
Investor Relations Manager
edicto GmbH
Dr. Sönke Knop / Doron Kaufmann
partec@edicto.de
+496990550551
28-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | ParTec AG |
| Possartstr. 20 | |
| 81679 Munich | |
| Germany | |
| E-mail: | investor-relations@par-tec.com |
| Internet: | www.par-tec.com |
| ISIN: | DE000A3E5A34 |
| WKN: | A3E5A3 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Munich, Tradegate Exchange |
| EQS News ID: | 2016711 |
| End of Announcement | EQS News Service |
2016711 28-Oct-2024 CET/CEST