Peloton, Lululemon infringed on DISH network patents, judge decides [MarketWatch]
DISH Network Corporation - Class A (DISH)
Last dish network corporation - class a earnings: 2/19 06:00 am
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Source: MarketWatch
DISH Network filed the complaint against the companies in April 2021 for infringing on streaming technology through workout equipment from August 2016 to March 2021. Peloton offers connected stationary bikes and other equipment. iFit , previously known as ICON Health & Fitness, owns connected fitness manufacturer NordicTrack. Lululemon bought connected fitness brand Mirror for $500 million in 2020. “Customers of these products could just as easily exercise in front of their existing television — in particular, a television that is lawfully using the technology of the Asserted Patents,” DISH Network stated. DISH Network previously requested that the ITC ban the fitness equipment from entering the U.S. Patent Problems The fitness companies have also been sued by each other. Peloton — whose chairman stepped down on Monday — and iFit previously sued each other for patent infringement. iFit requested that the U.S. International Trade Commission block the import of Peloton'
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