Peloton hit with $20.5 mln for infringing NEC streaming patent, US jury says
PTON•Jury finds Peloton liable in NEC patent case
Peloton owes Japanese electronics company NEC Corp $20.5 million for violating its patent rights in content-streaming technology, a federal jury in Delaware determined on Friday.
- The jury agreed with NEC's argument that Peloton's Bike and Tread exercise equipment infringe a U.S. NEC patent covering improved technology for distributing digital media to multiple devices simultaneously.
- NEC first sued Peloton for patent infringement in 2022.
- Peloton argued that it did not infringe NEC's patent and that the patent was invalid.
- Peloton settled a separate patent dispute over streaming technology with Dish Network for $75 million in 2023.
- Spokespeople for Peloton and NEC did not immediately respond to a request for comment.
The case is NEC Corp v. Peloton Interactive Inc, U.S. District Court for the District of Delaware, No. 1:22-cv-00987.
For Peloton: Robert Haslam, Richard Rainey and Philip Irwin of Covington and Burling.
For NEC: Robert Maier, Jennifer Tempesta, Michael Knierim, Thomas Natsume and Lance Goodman of Baker Botts.
