The terms of the agreement, which licenses Patent Nos. 6,181,294; 6,462,713; and 6,903,699, are confidential.
This agreement settles TransData's ongoing litigation with Alabama Power Co., Georgia Power Co., and Mississippi Power Co., units of Southern Co.; and Wisconsin Power & Light Co.
Remaining defendants in the litigation include CenterPoint Energy Houston Electric; Oncor Electric Delivery Co.; Texas-New Mexico Power Co. (PNM); Denton Municipal Utilities; San Diego Gas & Electric Co. (SDG&E); Denton County Electric Cooperative Inc. (CoServ Electric); Oklahoma Gas & Electric Co. (OG&E); and Tri-County Electric Cooperative Inc.
According to recent U.S. Securities and Exchange Commission filings, Itron Inc. and Silver Springs Networks Inc. stated that they, along with General Electric (GE), are indemnifying numerous of these defendant utilities in the litigation.
Law firms Haynes and Boone, LLP, and Hitt Gaines, P.C., represented TransData in the licensing deal.