Caringo Licenses Truenames Patents

PersonalWeb Technologies LLC has reached an agreement with Caringo, Inc. to allow the use of Truenames patents from PersonalWeb as part of the Caringo Object Storage Platform.

Terms were not disclosed.

PersonalWeb’s Truenames patents are for cloud computing, distributed search engine file systems, content addressable storage and social networks critical to the development of a range of established and emerging distributed computing-based industries.

"Patents in the Truenames Portfolio have been licensed to numerous companies looking to leverage the respective technologies to further their own content addressable storage, cloud computing, search and social networking solutions," said Michael Weiss, CEO, PersonalWeb. "By reaching an agreement with Caringo for the use of these technologies, we are able to ensure that our intellectual property rights remain intact while allowing Caringo to continue to develop their own portfolio of cloud and object storage products."

Caringo has developed scalable, intelligent and compliant storage solutions that help companies solve their specific storage issues. Products developed as part of its Object Storage Platform satisfy the business needs of active archive, big storage, cloud storage, compliance and integrity, and DR across a variety of industries, including education, media and entertainment, healthcare, life sciences, and telecom and service providers.

Caringo’s CAStor software enables massive scalability and future-proof accessibility of unstructured data. Utilizing commodity hardware to build boundless storage solutions accessible via HTTP, CAStor is integrated into data management applications from CommVault and Symantec, among many others. It enables cloud storage solutions, big data repositories and general storage infrastructure replacing NAS, tape and VTL. Companies of all sizes can now avoid vendor lock-in, reduce costs, and guarantee data accessibility for decades to come. Caringo has more than 500 customers ranging from SMBs to Fortune 500 companies.

"Our ability to offer technology partners, OEMs, resellers, systems integrators and service providers the ability to develop object storage solutions that meet today’s business needs is of paramount importance to us," said Mark Goros, CEO, Caringo. "The license agreement with PersonalWeb, ensures that Caringo can continue to provide its technology to worldwide customers and partners in an affordable, scalable, fast and easy way through the Caringo Object Storage Platform."

Read also:
PersonalWeb Files Patent Infringement Suits for CAS
Vs. Caringo, Dropbox, EMC, NEC, NetApp among others