"Earlier this year, Oura won a patent dispute between Ultrahuman and RingConn, two competitors in the smart ring market. The US International Trade Commission (ITC) determined that the two brands infringed on Oura's form factor patent, issuing cease and desist orders for Ultrahuman and RingConn. The cease and desist order was supposed to take effect on Oct. 21. However, thanks to a licensing agreement with Oura, RingConn smart rings evaded the order and can be sold in the US."
"Oura and RingConn announced a comprehensive settlement and patent license agreement on Tuesday. Oura also entered a multi-year patent licensing agreement with Omate, a lesser-known smart ring brand. RingConn will continue to be sold on Amazon and in the US, and the company will now make royalty payments to Oura. Omate will get to access Oura's patent portfolio to develop future smart rings in alignment with Oura's own patents."
Oura won a patent dispute that led the US International Trade Commission to find Ultrahuman and RingConn infringed Oura's form factor patent and issue cease-and-desist orders. The orders were scheduled to take effect on Oct. 21. RingConn reached a settlement and patent license with Oura, allowing continued US sales and obligating royalty payments. Oura also signed a multi-year licensing deal with Omate. Ultrahuman cannot be imported or sold in the US starting Oct. 21. The ITC found both Ultrahuman and RingConn used dishonest tactics to develop their rings. Two subscription-free rings compete with Oura’s higher-cost, subscription-reliant device.
Read at ZDNET
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