The Chamberlain Group
A leading garage door openers manufacturer, well known for high quality products and advanced smart solutions making sure customers can enjoy their wide range of products, their headquarter is located in the United States and they have production lines in Mexico, Canada, Germany, Australia, New Zealand, China, Hong Kong and Taiwan.
The Genie Company
Another U.S.-based manufacturer of garage door openers based in Alliance, Ohio. Founded in 1923 by the Alliance Door & Manufacturing Company to produce farm equipment It was not until 1954 that they mass produced their first radio signal residential garage door opener and only in 1985 they’ve changed their name to Genie Home Products which became later on The Genie Company. This days they are specializing in automatic garage door openers, gate operators, keyless entry devices and remote controls. The Genie Company is known for its high quality products delivered through innovative technologies.
Understanding Patent Infringement
Basically a patent is like a set of rights granted by the federal government to an inventor which allows them exclusive control over who can make use of or sell their invention within a limited period of time. Patent infringement occurs when someone without authorization uses a patented invention, it can be either for commercial or private use. Patents are territorial so if any unauthorized acts occur outside of that territory then it cannot be considered patent infringement unless it was patent worldwide and in each country.
Results of the patent infringement lawsuit
In this lawsuit between this 2 giants, Chamberlain accused Genie of using their patent, but the jury ruled in favor of Genie. This case was a milestone for big companies like Chamberlain to be careful when they accuse other companies of patent infringement and they must pay $63 million in damages.
The Chamberlain Group revolutionary future
In September 2021 The Blackstone Group purchased The Chamberlain Group in five billion dollar deal which will see an increased injection into research and development (R&D). This acquisition aims to give further exposure for The Chamberlain Group’s revolutionary Wi-Fi Garage Door Opener system while allowing Blackstone Group’s vast resources help continue pushing forward innovation within this sector moving forward. Such acquisitions limits any competitor’s opportunity from copying existing designs while strengthening brand loyalty among consumers with continual advancements made with each product generation released without unfair competitive advantage over lesser resourced competitors.
