BRN 3.77% 25.5¢ brainchip holdings ltd

TATA SNN patent, page-52

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    Hi jw1000,

    All patents include a description and claims, and usually drawings.

    The claims are the definition of the invention.

    For example, the bloke who invented the wheel had a patent, the first claim of which read:

    1. A circular body with an axle centrally disposed transversely therethrough.

    Then the bloke who invented the monocycle claimed:

    1. A circular body with an axle centrally disposed transversely therethrough and a first substantially "L" shaped pedal attached to a first end of the axle, and a second "L" shaped pedal attached to a second end of the axle.

    Now the second bloke had a valid invention, but he needed a licence from the first bloke before he could use his invention.

    So anyone who incorporates Akida IP into their product needs to pay a licence fee to BrainChip in the countries where BrainChip has a patent for the IP.

    In addition, the Akida IP may include confidential information or know-how, and, if it has been legitimately disclosed to the other party by BrainChip under a contract including confidentiality, there would be a licence fee for use of the information.
    Last edited by BarrelSitter: 23/12/21
 
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