Re: Moore v TPL
in response to
by
posted on
Dec 12, 2009 12:02AM
Chuck Moore, screwed by TPL (colorforth.com)
submitted 8 months ago by keenerd
goofyheadedpunk 9 points10 points11 points 8 months ago[-]
Would someone be so kind as to explain what in the world is going on here?
keenerd [S] 24 points25 points26 points 8 months ago* [-]
Need scope, resolving from global level on down.
TPL is the parent corporation of Intellasys.
Intellasys is a company cofounded by Chuck for producing his SeaForth processor.
What part of SeaForth does he own? He made all of the IP and personally backed more than $20M of the $40M invested.
In recent events, everyone on the SeaForth team was fired. Chuck included. TPL has laid claim to his patents and has paid him less than 1/3 of his contract.
edit: This is a summary of Chuck's published views. I am sure TPL's lawyers have very different views. I do hope Chuck's tech survives this.
keenerd [S] 1 point2 points3 points 8 months ago* [-]
We may still see the chip. Just recently they announced a new product. They might not sell it stateside, though.
Also, from what I can gather, the chip is done. The final testing was planned for 2008Q4, and everyone was fired 2009Q1.
edit: further reading makes this seem less likely. TPL's history is massively towards license and litigation, very little with actual product-making.