Valencell accuses Apple of stealing technology for Apple Watch
Representatives of the biometric company stated that Apple tried several times to buy the license for the technology developed by Valencell. However, no advancement was made and the Apple Watch appeared with the integrated technology.
According to the case brought to court, Apple came to Valencell in 2013 and once again in 2014, to show curiosity in PerformTek, which is the heartbeat sensor of the company.
During the encounter in 2013, the chiefs of Valencell saying that they demonstrated a prototype watch PlatformTek to Apple agents before sending test examples to Apple. The Valencell says that Apple has chosen to use the technical information provided to it in producing the heart rate sensor for Apple Watch as what was implicit was an interest in licensing the technology, something that never happened:
“On information and belief, Apple solicited technical information and know-how from Valencell on the false premise that it wished to license Valencell’s PerformTek Technology. Apple did not have an intention of licensing Valencell’s PerformTek Technology. Instead, Apple’s interaction with Valencell was fueled by a business decision that the benefits of infringing upon Valencell’s patented technology outweigh the risk of being caught and ultimately forced to pay damages. This practice is consistent with the statement by Apple CEO Steve Jobs that Apple has “always been shameless about stealing great ideas.” Further, Apple is knowingly using Valencell’s patented technology in an effort to achieve a licensing rate that is below a reasonable royalty.”
Valencell also states that Apple agents hacked company documents with the help of their technology and used fake names to hide their identity. Valencell says that Apple Watch breaks four of their patents. The company now is considering further legal actions.
Full Valencell Lawsuit can be found here.