AGREEMENTS, PARTNERSHIPS, AND ACQUISITIONS
Aug 1, 2002 12:00 PM
Vicar Networks and Home Controls Inc. have launched a strategic partnership to deliver Internet-based home-automation services and products. Home Controls will use Vicar's Vicar HomeSM application as its ASP solution, and Vicar will employ Home Control's online services as its fulfillment provider for digital services that are controlled through its Web-based application. The partnership will let Vicar HomeSM users buy controls for lights, appliances, HVAC systems, and so on within the program…. Niles Audio Corp. and SpeakerCraft Inc. have signed a cross-licensing agreement that will allow both companies to produce and market lines of audio speakers with a similar design feature for which the firms have received separate patents from the U.S. Patent Office. The terms of the agreement will not affect each company's ability to pursue legal action against companies that infringe on the patents. Niles's Direct SoundField loudspeakers and SpeakerCraft's AIM loudspeakers — both of which are designed for in-ceiling installation and feature a patented pivoting speaker mechanism — will be affected by the agreement.