Psion Gives Up Netbook Trademark

Posted: June 3, 2009 in Tech

The battle between Intel and Psion Teklogix over the use of the name “netbook” has been settled, with the latter withdrawing its trademark claim over the term it secured back in the late 1990s.

Both Intel and Psion didn’t reveal the financial details of the out of court settlement and referred to it as “an amicable agreement”, under which Psion will voluntarily draw back all of its trademark registrations for the name “netbook”.

In addition to this, Psion said that it has agreed to “waive all its rights against third-parties in respect of past, current or future use of the ‘Netbook’ term”.

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