Diebold Requests Investigation Into Hyosung Patent Infringement
19 October 2015
The complaint alleges that Hyosung has infringed upon six Diebold patents which relate to key features in Hyosung products. These patented technologies are important to Diebold's success as they enable the company to better address the needs of financial institutions, the retail industry and their customers through improved security, enhanced deposit automation and note dispensing functionality, and simplified maintenance.
Diebold has invested hundreds of millions of dollars in research and development and has built a strong patent portfolio, which includes more than 1,000 patents. Diebold is committed to protecting its investment in U.S. industry, as well as its intellectual property rights throughout its portfolio of solutions. While Diebold welcomes legitimate efforts to compete with its innovative products and unparalleled service organization, the company is committed to vigorously enforcing its intellectual property rights.
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