SANTA CLARA, Calif.--Intel Corp. here today declared victory over Showintel Networks Inc. in a trademark infringement suit filed by the microprocessor giant last year.
The ruling stated that Showintel Networks was in violation of the trademark owned by Intel for incorporating the letters of "intel" within its name.
The terms of the final settlement were not disclosed, but Showintel Networks did agree to change its corporate name prior to April 15, 2003. "While we totally deny any infringement on Intel's name or trademark, it was in the best interest of both companies to reach an amicable conclusion," said David V. Lott, president of Showintel Networks.
Headquartered in Memphis, Tenn. Showintel Networks through its proprietary technology replaces outdated loop technology with a digital media management system.
