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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sdl Plc | LSE:SDL | London | Ordinary Share | GB0009376368 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 660.00 | 668.00 | 670.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
SDL (LSE: SDL), a leader in global content creation, management, translation and delivery, today announced it had reached a mutual settlement with Lilt, Inc., with regards to a lawsuit related to the infringement of patents specific to SDL Adaptive MT™. The terms of the settlement remain confidential.
SDL originally filed the litigation claim in April of this year, for breach of patent claims in three named patents associated with machine translation:
“Our talented team has worked relentlessly and invested great time and energy into making technical advancements in machine translation, and this lawsuit was settled to the mutual satisfaction of both parties,” said Thomas Labarthe, EVP of Business and Corporate Development, SDL.
SDL invests heavily in protecting its intellectual property rights and has over 115 patents globally. With 25 years’ experience, SDL is a proven innovator in language translation technology, services and content management. The technology and methods contained in SDL’s patented portfolio allow it to continue to revolutionize language tools, helping organizations expand to global markets and meet customers’ expectations, regardless of language, device or location.
About SDL
SDL (LSE: SDL) is the global innovator in language translation technology, services and content management. Over the past 25 years we’ve helped companies deliver transformative business results by enabling powerful, nuanced digital experiences with customers around the world. Are you in the know? Find out why 78 out of the top 100 global brands work with us at SDL.com and follow us on LinkedIn, Twitter and Facebook.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171113006093/en/
SDLChris HardmanChardman@sdl.com
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