ObjectVideo reaches patent licensing agreement with Pelco

Less than five months after filing a complaint with the United States International Trade Commission against Pelco for alleged patent infringement, video analytics software developer ObjectVideo announced this week that it has entered into a licensing agreement with the camera maker.

The agreement has subsequently settled the lawsuit between the two companies in federal court and ObjectVideo has requested that the ITC end its investigation into the matter.

"We are pleased to have entered into a global, portfolio-wide license agreement with Pelco and to have the benefit of a cross license to Pelco’s intellectual property," said Raul Fernandez, chairman of ObjectVideo in a statement.

Last year, ObjectVideo filed lawsuits against Bosch, Sony and Samsung alleging that these manufacturers infringed upon their intellectual property. In February, ObjectVideo reached a patent licensing agreement with Sony and requested that the ITC end its investigation into the matter. The company dropped its case against Samsung in July.

The company has also reached licensing agreements with American Dynamics, a business unit of Tyco Security Products, as well as VIVOTEK.